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3β£ Things That Will Decide the Market Today
π΄GIFT NIFTY traded 45 points higher at 19,605.50, signalling that the Indian Stock Market is headed for a positive start.
π΄ All three major American benchmarks finished lower on Tuesday in a broad sell-off after the downgrading of several lenders by credit rating agency Moody's reignited fears about the health of U.S. banks and the economy.
π΄ The volatility index - India VIX surged 2% to the levels of 11.32 as FIIs continued to be the sellers- selling trades worth βΉ711.34 crores
3οΈβ£ Things That Will Decide the Market Today π
1) GIFT NIFTY traded 15 points lower at 19,666 signalling that the Indian Stock Market is headed for a negative start.
2) U.S. Indices finished higher on Monday, regaining some of the ground lost last week, as investors added positions ahead of Thursday's highly awaited U.S. inflation report.
3) The Indian Volatility Index surged 5% ahead of the FinNifty Expiry today, staying at the levels of 11.10 - close to the lower volatility.
