After a strong Friday rally that led Nifty and Sensex scale record record highs analysts expect momentum to continue as sentiments have strengthened and the downside support for Nifty-50 stands in 255

Some options traders are leaving nothing to chance ahead of Wednesday’s Federal Reserve policy meeting. The price of a strategy that would pay off if stocks see a sharp swing in either direction on “Fed day” has risen to its highest level since the run-up to the central bank’s March 2023 meeting.

Though the S&P 500 briefly touched a new record, equities were mixed as investors remain split over the Fed's interest rate decision on Wednesday.