Market Pulse - 20Sep23 - Cautious trading may persist ahead of FOMC

Sector focus: Given the cautious trading ahead of the FOMC meeting, we believe focus will be shifted on certain sectors that are related to the NETR and NIMP blueprints, namely the industrial products and renewable energy industries. Meanwhile, we believe traders will take opportunity within the construction, property and building materials segment heading into Budget 2024 next month. 

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