STATE OF THE MARKETS
GIFT Nifty (Earlier SGX Nifty) signals a negative start
GIFT Nifty on the NSE IX traded lower by 69.5 points, or 0.27 per cent, at 25,632, signaling that Dalal Street was headed for a negative start on Tuesday.
- Tech View: If the Nifty holds above 25,600 till the close, the uptrend may continue in the near term. On the higher side, it could move towards 25,800 and above. However, a fall below 25,500 may reactivate bearishness in the market.
- India VIX: India VIX, which is a measure of the fear in the markets, rose 0.2% to settle at 13.33 levels.
Asian stocks gain
Asian stocks posted a modest gain on Tuesday as holiday-thinned trading kept volumes light, with investors looking ahead to a fresh batch of economic data later this week for direction.
- S&P 500 futures rose 0.2% as of 9:22 a.m. Tokyo time
- Japan’s Topix was little changed
- Australia’s S&P/ASX 200 rose 0.4%
- Euro Stoxx 50 futures rose 0.1%
Dollar rises
The dollar held gains on Tuesday as markets awaited signals, expected later this week, about the potential timing of rate cuts by the Federal Reserve.
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 972 crore on Monday. DIIs, meanwhile, were net buyers at Rs 1667 crore.
Rupee
The rupee settled with a loss of 8 paise at 90.74 against the US dollar on Monday, weighed down by a strong American currency and foreign fund outflows.
(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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