Indian benchmark indices ended Friday in the green, maintaining their two-session gaining streak on buying action in IT and auto stocks. The S&P BSE Sensex finished at 72,026, up by 178.58 points or 0.25%. Meanwhile, the broader Nifty settled at 21,710.80, higher by 52.20 points or 0.24%. India VIX, a measure of volatility in Nifty, … Read more
India VIX was down by 0.47% from 11.18 to 11.13 levels on Wednesday. Volatility was slightly down and created room for the bulls. On the weekly options front, the maximum Call OI is placed at 19800 and then towards 19700 strikes while the maximum Put OI is placed at 19600 and then towards 19400 strikes. … Read more
Mumbai: Foreign fund managers have established a substantial short position in the Indian markets, leading to a significant drop in the long-short ratio in index futures, a metric used to gauge market sentiment. This ratio has fallen to 18%, close to its eight-month low levels, indicating a bearish sentiment besides potentially introducing challenges for these … Read more
Technical indicators suggest a minor oversold condition, potentially leading to a modest rebound this week. However, the overall upward potential appears limited due to the prevailing negative structure with Nifty trading below its 20- and 50-day moving averages, according to technical analysts. Stocks such as Persistent, Axis Bank, TCS, RIL, SBI Cards, Birla Soft, Canara … Read more
The Indian market is expected to trade higher on Friday tracking positive global cues. India VIX was up by 3.71% from 11.31 to 11.73 levels on Thursday. Volatility spiked to 12.7 zones during the day and paved the way for the bears to completely take over the market. Since it is the beginning of new … Read more
India VIX was down by 3.39% from 11.07 to 10.69 levels on Tuesday. Volatility slightly cooled down but hovered in the previous day’s range and lacked momentum in the market. On the weekly options front, the maximum Call OI is placed at 20000 and then towards 19800 strikes while the maximum Put OI is placed … Read more
Indian market is expected to open higher on Thursday tracking positive global cues. The S&P BSE Sensex rose more than 200 points while the Nifty50 closed above 19400 levels in the previous trading session. India VIX was down by 0.17% from 11.75 to 11.73 levels on Wednesday. Volatility cooled off during the day and comforted … Read more
After ending about 100 points lower at 19,365, Nifty on Thursday formed an Inside Bar candle on the daily chart. Now, till it holds below 19,420 zones some more profit-booking could be seen towards 19,300, then 19,250 zones, whereas resistance exists at 19,480 then 19,560 zones, said Chandan Taparia of Motilal Oswal. The negative chart … Read more
Nifty on Monday ended flat, but formed a bullish hammer pattern with a longer lower shadow on the daily chart where it took support at its 50-EMA. As the RSI on the daily chart demonstrated a bearish crossover, with its value dropping below 50, it could be signs of a weakening trend. Now it has … Read more
The Indian market is expected to consolidate on Monday tracking mixed global cues. The S&P BSE Sensex fell over 300 points while the Nifty50 closed below 19,500 levels on Friday. India VIX was up 1.07% from 11.40 to 11.52 levels in the previous trading session. Volatility inched higher and caused some discomfort to the bulls. … Read more