Index Market Analysis 🚩🚩
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3️⃣ Things That Will Decide The Market Today 📈
1) GIFT Nifty traded higher by 14 points at 19,838.5, signaling that Indian stock market is headed for positive start.
2) The S&P 500 eked out a fractional gain on Wednesday after a see-saw session, as investors weighed whether to start bargain hunting following a sell-off fueled by elevated Treasury yields and uncertainty about the path ahead for interest rates.
3) India VIX was up by 3.62% from 11.18 to 11.58 levels. Volatility was slightly on the rise but is overall trading at its lower band and provided comfort to the bulls at support zones
3️⃣ Things That Will Decide The Market Today 📈
1) GIFTor 0.02 per cent, at 19,737, signaling that Indian stock market is headed for muted start.
2) Main US indexes ended down over 1% on Tuesday as 10-year Treasury yields held their multi-year highs, the Dow posted its biggest one-day percentage drop since March, while all three major averages ended at their lowest closing levels in well over three months.
3) India VIX was up by 2.61% from 10.90 to 11.18 levels. Volatility was slightly on the rise but is still trading at its lower band
