US had another positive session, S&P500, NASDAQ are doing well. It was almost 30-35 percent probability that the Fed will hike 50 basis points (bps) in March last week. It stands at 10 percent now. Is the market at a point of peak Fed hawkishness? Which means there will be no way to go but slightly down.

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Yields did nothing, the dollar was slightly weak, oil prices were flat as well by about a quarter percent or so.

Watch the accompanying video of CNBC-TV18’s Prashant Nair for more details.

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