STATE OF THE MARKETS
- Tech View: A decisive move above 26,000 could trigger further upside toward higher levels. The technical setup remains bullish, with the RSI in a bullish crossover and the index trading above the 20DMA, supporting a positive bias.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 4.6% to settle at 11.66 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 944 crore on Wednesday. DIIs, meanwhile, were net buyers at Rs 125 crore.
Rupee
The rupee depreciated 14 paise to close at 90.70 (provisional) against the US dollar on Wednesday, on dollar demand from importers and geopolitical tensions. Forex traders said the rupee is trading with a slight negative bias amid geopolitical tensions and elevated crude oil prices. Dollar demand from importers may also pressurise the rupee. However, FPI inflows may support the local unit at lower levels.
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