Looking ahead, analysts expect markets to remain in consolidation mode, with participants likely to adopt a wait-and-watch approach amid ongoing trade negotiations and key US economic data releases.
STATE OF THE MARKETS
- Tech View: Technically, Nifty remains below the resistance level of 25,500 but above the crucial support at 25,300. Therefore, we expect the index to continue trading in a range over the coming days, as long as it stays within the 25,300–25,500 band.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 0.48% to settle at 12.38 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.
FII/DII action
Foreign portfolio investors net sold shares worth Rs 1,481 crore on Thursday. DIIs, meanwhile, were net buyers at Rs 1,333 crore.Rupee
The rupee pared initial losses and edged up 7 paise to close at 85.55 against the US dollar on Thursday, following a weak greenback against major crosses overseas and a decline in US treasury yields.
FII data
The position of FIIs in the futures market increased from a net short of Rs 49,221 crore on Wednesday to Rs 61,807 crore on Thursday.