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

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Benchmark indices ended flat on the expiry day with market focus now shifting to the RBI MPC outcome. Analysts expect the market to remain range-bound, tracking global cues, macro-economic data and RBI policy outcome where a status quo on the repo rate is widely expected.

STATE OF THE MARKETS

  • Tech View: Unless Nifty reclaims and sustains above its 50-day EMA, the short-term outlook remains negative. Immediate support is placed at 24,500, while resistance lies near 24,800. Post RBI policy outcome and auto sales data, market sentiment may shape further, hence a cautious stance is advised.
  • India VIX: India VIX, which is a measure of the fear in the markets, fell 2.6% to settle at 11.06 levels.

Stocks in F&O ban today

1) Samman 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 2,327 crore on Tuesday. DIIs, meanwhile, were net buyers at Rs 5,762 crore.

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Rupee
The rupee fell 5 paise to an all-time low of 88.80 against the US dollar on Tuesday, pressured by sustained foreign capital outflows amid global trade uncertainties.



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