The coming week features an active domestic data calendar, with the release of India’s Wholesale Price Index (WPI) inflation and trade balance figures. Flash readings of the HSBC Composite, Manufacturing, and Services PMI will also be closely tracked for early signals on economic momentum heading into year-end.
STATE OF THE MARKETS
- Tech View: In the near term, the trend is likely to remain constructive as long as the index holds above 25,900, which is expected to serve as a key support level. On the higher side, the index may move towards 26,300 in the short term.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 2.8% to settle at 10.11 levels.
Stocks in F&O ban today
Bandhan 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.
FII/DII action
Foreign portfolio investors net sold shares worth Rs 1,114 crore on Friday. DIIs, meanwhile, were net buyers at Rs 3,869 crore.Rupee
The rupee depreciated by 17 paise to close at an all-time low of 90.49 against the US dollar on Friday, as uncertainty over the India-US trade deal and persistent foreign fund outflows dented investor sentiment.
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