#Nivezareview - Market monitoring U.S. Fed meet - Industrial production for the month of July 2016 saw degrowth of 2.4% compared to corresponding period year before mainly on account of weakness in manufacturing and contraction in capital goods production. Cumulative industrial production in the four months of the current fiscal degrew by 0.2% which is the lowest in the last four years. On the inflation front, retail inflation for the month of August came at 5.05% from 6.07% reported in prior month primarily on account of fall in the easing food prices especially vegetables. Market participants would be keeping close vigil on the two major central banks meeting i.e. U.S. Federal Reserve & Bank of Japan (BoJ) which could guide the market's direction. On the one hand, interest rate hike fears by U.S. Fed have receded but still the statement by the Fed would be closely watched. On the BoJ meeting front, the markets are absolutely directionless in terms of what is in the offing which may include anything from a rate cut deeper into negative territory or scale back of ultra easy monetary policy. For Jhunjhunwala Stock Tips Visit@ http://goo.gl/8ouwrg