Index Market Analysis 🚩🚩
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3⃣ Things That Will Decide The Market Today📈
🔴 GIFT Nifty opened higher with 20 points at 21,726 signalling that the Indian Stock Market is headed for a positive start
🔴 U.S. stocks closed little changed on Thursday as news of hotter-than-expected inflation and signs of labor market strength dampened hopes for early interest rate cuts by the Federal Reserve this year, but a fall in Treasury yields kept declines in check.
🔴 India VIX declined 1.57% to the levels of 12.77. Volatility cooled off and hovered around the same levels for the entire day creating lackluster moves.
3⃣ Things That Will Decide The Market Today 📈
🔴 GIFT NIFTY traded 19 points higher at 21,718.50 signaling that the Indian stock market is headed for a positive start today.
🔴 U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major bank earnings later in the week
🔴 India VIX was down by 2.21% from 13.26 to 12.97 levels. Volatility rose above 14.5 zones during the day but cooled off later and paved way for the bulls at support zones
