Index Market Analysis 🚩🚩
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3⃣ Things that will decide the market today 📈
🔴 Gift Nifty traded 79 points higher at 21,633 signalling that the Indian Stock Market is headed for a positive start today.
🔴 The S&P 500 closed its record high streak on Friday amidst raising IT stocks and US economic data showed that the increase in prices is not too high. All 3 major indexes recorded their third straight weekly gain.
🔴 India VIX declined by 3.55%, to the level of 13.86, indicating cool off in the volatility.
3️⃣ Things that will decide the market today 📈
·Gift Nifty traded 17 points higher at 21,440 signalling that the Indian Stock Market is headed for a positive start today.
· The S&P 500 reached its highest closing ever for the 4th time straight on Wednesday, driven by Netflix @ ASMLs impressive quarterly results. The Nasdaq reached its higher point since January 2022, while the Dow Jones closed with a decline of 0.26%.
· India VIX declined by 3.21%, to the level of 14.38, a slight change but the volatility still hovers over the crucial levels of 14
