US Fed keeps rates unchanged - Indian markets rejoice

As the FED did not tinker with rates, Indian equity markets saw a gap up opening. This was probably on the hope tha FII selling will subside and the continuous fall which we were witnessing may pause/ stop.

India's largest festival - Diwali - is on, followed by the Union Budget coming in early 2024 and soon after that the central elections would be announced.

So lot of news flow expected going forward.

Algos help take the subjectivity and emotions out of the decision making, and that is what i have explained in the end of this video idea.