Street signs: Fed to drive Nifty, firms defer IPOs in weak market, and more

Analysts believe that the upside may be capped for the Nifty and the index may fall further if it fails to hold 11,800, with the next crucial support at 11,650

Monsoon, US Fed to drive Nifty

The Nifty moved in a narrow band and tested 12,000-point level last week, but failed to hold on to its early momentum. Analysts believe that the