Nifty today: Pre-market action: Here’s the trade setup for today’s session – News Air Insight

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Nifty recovered sharply after opening lower and gaining nearly 200 points from the day’s low to close at 25,725 on Tuesday. Analysts expect markets to remain firm with a positive bias, tracking global cues and developments on the domestic sectoral front.

STATE OF THE MARKETS

  • Tech View: Any further easing in volatility is likely to remain supportive of bullish sentiment. Overall, the broader structure continues to look positive, and a buy-on-dips approach should be maintained as long as the Nifty holds above the 25,400 zone.
  • India VIX: India VIX, which is a measure of the fear in the markets, fell 5% to settle at 12.67 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 sold shares worth Rs 995 crore on Tuesday. DIIs, meanwhile, were net buyers at Rs 187 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. A firm American currency, however, weighed on the Indian currency and capped its gains, forex traders said.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)



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