Indian benchmark indices remained in consolidation mode for a second day in a row as markets awaited for US trade deal outcomes. Analysts say markets are likely to remain firm, supported by strong institutional flows and policy support.
STATE OF THE MARKETS
- Tech View: For the short term, support is seen at 25,500; a decisive fall below this level might trigger long unwinding in the market. However, if the index holds above 25,500, a recovery could emerge, potentially pushing the Nifty towards 25,600–25,800 in the short term.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 2.01% to settle at 12.53 levels.
Stocks in F&O ban today
RBL Bank
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.
crore.
Rupee
The Rupee appreciated 17 paise to close at 85.59 against the US dollar on Tuesday, supported by weakness of the American currency in the overseas market and a positive tone in the domestic equities amid rise in risk appetite.