Indian equity markets extended gains for the third consecutive session staging a gradual recovery. Analysts expects markets to remain firm with an upward bias, guided by global cues and domestic sector-specific developments.
STATE OF THE MARKETS
- Tech View: In the short term, 25,500 is likely to act as a crucial support level. As long as it holds, buyers are likely to dominate. On the higher end, the index may extend gains towards 26,000 and above.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 3.5% to settle at 12.22 levels.
Stocks in F&O ban today
SAIL
Sammaan Capital
Securities in the ban period under the F&O segment include companies in which the security has crossed 95% of the market-wide position limit.
FII/DII action
Foreign portfolio investors net bought shares worth Rs 1,154 crore on Wednesday. DIIs, meanwhile, were net buyers at Rs 440 crore.Rupee
The rupee gained 2 paise to settle at 90.72 against the US dollar on Tuesday, backed by positive domestic equity markets and lower crude prices overseas.
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