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3β£Things That Will Decide The Market Todayπ
π΄GIFT NIFTY traded 5 point lower at 19,324.50, signalling that the Indian Stock Market is headed for a muted start.
π΄The US indices ended nearly flat on Friday as gains in defensive sectors and energy offset weakness in megacap growth stocks, while investors looked toward next week's speech by Federal Reserve Chair Jerome Powell.
π΄India VIX was down by 0.80% from 12.24 to 12.14 levels. Volatility rose to 12.5 during the day and has been holding above 12 from the last few sessions.
3οΈβ£ Things That Will Decide The Market Today π
1) GIFT NIFTY traded 15 points lower at 19,397 signalling that the Indian Stock Market is headed for a negative start.
2) US stock market ended lower on Wednesday after the release of the Federal Reserve's minutes showed central bank officials were divided over the need for more interest rate hikes at their last meeting.
3) The Indian Volatility index Vix jumped more than a percent to reach the levels of12.12, indicating a sharp increase in the volatility.
