Know the cause behind the Nifty to drop 600 points in three days before the US Fed’s announcement, and how would markets react till the next RBI MPC meeting?

Following a strong gain ahead of the US Federal Reserve’s policy statement later today, cautious investors booked profits, causing the share market to decline for three consecutive sessions yesterday, with the Nifty down roughly 600 points since Monday. Following a strong 6.1 percent comeback from late November lows, the NSE index has fallen 2.5 percent since Friday’s close.

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