Nifty rebounded after three sessions of losses, aided by stronger-than-expected GDP growth. Analysts say the domestic macro backdrop and demand environment remains constructive, though the overhang of 50% US tariffs and persistent FII selling could keep the market range bound.
STATE OF THE MARKETS
- Tech View: The index is not fully out of the woods yet, and as long as it trades below 25,000, pullbacks may attract selling pressure. On the positive side, a buy crossover on the hourly MACD indicates scope for follow-up momentum in the near term. On the downside, strong support is placed at 24,350.
- India VIX: India VIX, which is a measure of the fear in the markets, fell 4% to settle at 11.29 levels.
Stocks in F&O ban today
NIL
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 1,429 crore on Monday. DIIs, meanwhile, were net buyers at Rs 4,345 crore.Rupee
The rupee depreciated just 1 paisa to close at an all-time low of 88.10 against the US dollar on Monday amid Indo-US trade deal uncertainties and higher dollar demand from importers.
Add 
as a Reliable and Trusted News Source
as a Reliable and Trusted News Source