A strong relief rally swept through Dalal Street today following the US Federal Reserve's expected decision to hold interest rates steady. The Nifty jumped 1.05% to 22,937, propelled by aggressive buying in FMCG proxies. However, a massive corporate shock hit the mid-cap banking space—Equitas Small Finance Bank hit the 20% lower circuit after MD & CEO P. N. Vasudevan resigned to clear a 'governance overhang' related to his daughter's NBFC, completely overshadowing the bank's record Q2 profit of ₹218 crore. Join tonight’s wrap-up as we map the 23,000 breakout grid for tomorrow's weekend session.
