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3β£Things That Will Decide The Market Todayπ
1) GIFT Nifty traded 4 points higher at 19,551.50, signaling that Indian Stock Market is headed for muted start, today.
2) The S&P 500 (.SPX) ended higher on Friday after a jump in unemployment cemented expectations of a pause in interest rate hikes this month, while shares of streaming firms tumbled due to a rate dispute between Disney and Charter Communications.
3) India VIX was down by 5.76% from 12.06 to 11.36 levels. Volatility cooled off from its highs and comforted the bulls at support zones
3οΈβ£ Things That Will Decide the Market Today π
1) GIFT NIFTY traded 18 points higher at 19,529, signalling that the Indian Stock Market is headed for a positive start.
2) The American markets jumped on Tuesday and Treasury yields dropped amid light, pre-holiday trading as a smattering of weak data had investors rejiggering their expectations for U.S. monetary policy. A broad rally sent all 3 major U.S. stock indexes sharply higher, as investors looked ahead to crucial economic data due later this week
3) The volatility index - India VIX dropped more than a percent below the levels of 12 as FIIs and DIIs keep the trades in green.
