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3οΈβ£ Things That Will Decide The Market Today π
1) GIFT Nifty 7.5 points higher at 19,930.50, signaling that Indian Stock Market is headed for muted start today.
2) The S&P 500 closed slightly higher on Friday but well below its session high and all three of Wall Street's major averages posted weekly declines as investors worried about interest rates and waited anxiously for upcoming U.S. inflation readings.
3) India VIX was down by 0.83% from 10.87 to 10.78 levels. Volatility has been cooling off from the last three weeks and comforting the bulls for buying on declines
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3οΈβ£ Things That Will Decide The Market Today π
1) GIFT Nifty 38 points lower at 19,625, signaling that Indian Stock Market isΒ headed for a negative start.
2) Major US indices closed lower on Wednesday with the Nasdaq's 1% loss leading declines after stronger-than-expected services sector data fueled concerns that still sticky inflation would mean that interest rates stay higher for longer.
3) India VIX was down by 1.32% from 10.82 to 10.67 levels. Volatility has been cooling off from the last four sessions and comforting the bulls at support zones
