Index Market Analysis 🚩🚩
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3⃣ Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY traded 40 points lower at 21,580 signaling that the Indian stock market is headed for a negative start today.
🔴 The S&P 500 and Dow lost ground and closed lower on Tuesday, pressured by a modest rise in Treasury yields as investors assessed the timing and size of any Federal Reserve interest rate cuts in 2024 ahead of inflation data this week.
🔴 India VIX declined 1.49% to 13.26 levels. Volatility cooled after indices reached record high numbers and awakened the bears at crucial support zones
3⃣ Things That Will Decide The Market Today
📈
🔴 GIFT NIFTY traded 124 points higher at 21,700 signaling that the Indian stock market is headed for a positive start today.
🔴 The Nasdaq scored its first gain of at least 1% in 2024 on Monday, as a fall in Treasury yields helped lift megacap stocks, while a sharp drop in Boeing shares kept gains on the Dow Industrials in check
🔴 India VIX was up by 6.57% from 12.63 to 13.46 levels. Volatility rose after the cool off in the last week and awakened the bears at crucial support zones
