VIX Financial News

Dollar bulls have history on their side going into September as the currency has strengthened during that month for six years in a row.

India VIX was down by 1.41% from 12.39 to 12.22 levels on Tuesday.

"Market is moving in a range and we expect this trend to continue given the data-packed week and monthly derivatives expiry. Further, consistent selling by FIIs and poor monsoon in the month of August raised concern among investors, thus keeping the upside limited," said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 18 points, or 0.09 per cent, higher at 19,529, signaling that Dalal Street was headed for positive start on Wednesday.

equities traded in positive territory on Monday, tracking the gains in global markets. The current week will see India's first quarter GDP numbers, which will throw some light on the country's economic trajectory. «Markets are likely to remain in consolidation mode this week amidst key events including the release of domestic GDP data, monthly expiry, and domestic and global macroeconomic data,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 3 points, or 0.02 per cent, lower at 19,350, signaling that Dalal Street was headed for muted start on Tuesday.

The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 19300 levels on Friday. India VIX was up by 3.27% from 11.70 to 12.08 levels in the previous session. Volatility has spiked and moved in swings in the week. On the monthly options front, the maximum Call OI is placed at 19500 and then towards 19300 strikes while the maximum Put OI is placed at 19000 and then towards 19300 strikes. Call writing is seen at 19300 then 19400 strikes while Put writing is seen at 19200 then 19100 strikes. “Options data suggests a broader trading range in between 19100 to 19600 zones while an immediate trading range in between 19100 to 19400 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a small-bodied candle on the daily frame and broke its higher highs formation of the last four sessions on Friday.

Further, the current week will also see India's first quarter GDP numbers, which will throw some light on the country's economic trajectory. «We continue to expect the Nifty to be in a narrow range due to lack of positive triggers. In the meantime, niche mid and small cap sectors are likely to remain in action,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 45 points, or 0.23 per cent, higher at 19,282.50, signaling that Dalal Street was headed for positive start on Monday.

India VIX was down by 0.23% from 11.73 to 11.70 levels in the previous session.

«Nifty in the meantime is expected to remain in a narrow range with some stock-specific action in the broader market,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 18.5 points, or 0.10 per cent, higher at 19,311.50, signaling that Dalal Street was headed for positive start on Friday.

«Nifty in the meantime is expected to remain in a narrow range with some stock-specific action in the broader market,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETS

«Overall, we expect global uncertainty to keep the market range bound. However, action could continue in banking and financial Services ahead of the RBI policy meeting minutes release and bank loan growth data,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted start GIFT Nifty on the NSE IX traded 7.5 points, or 0.04 per cent, higher at 19,512, signaling that Dalal Street was headed for muted start on Thursday.

FII selling has also weighed on the sentiments. «In the near term market is expected to trade in a range as investors await the U.S. Federal Reserve’s annual Jackson Hole gathering and US Fed Chair Jerome Powell's speech later in the week,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 44 points, or 0.23 per cent, higher at 19,358.50, signaling that Dalal Street was headed for positive start on Wednesday.

The S&P BSE Sensex rose more than 260 points while the Nifty50 closed just below 19400 levels on Monday. India VIX was down by 1.48% from 12.14 to 11.96 levels in the previous trading session. Volatility rose above 12.5 during the day and later cooled off and comforted the bulls. On the weekly options front, the maximum Call OI is placed at 19500 and then towards 19600 strikes while the maximum Put OI is placed at 19300 and then towards 19200 strikes. Call writing is seen at 19500 and then towards 19600 strikes while the Put writing is seen at 19350 and then towards 19300 strikes. “Options data suggests a broader trading range in between 19000 to 19600 zones while an immediate trading range in between 19200 to 19500 zones,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. “Nifty formed a Bullish candle on the daily frame and closed with gains of around 80 points near 19400 zones,” he said. “Now the index has to hold above 19350 zones, for an up move towards 19480 and 19560 zones whereas supports are placed at 19300 then 19250 zones,” recommended Taparia.We have collated a list of stocks from various experts for traders who have a short-term trading horizon: Expert: Ajit Mishra, SVP — Technical Research, Religare Broking Ltd. told ETBureauAxis Bank: Buy| Target Rs 1010| Stop Loss Rs 925Dabur India: Buy| Target Rs 604| Stop Loss Rs 550GAIL India: Buy| Target Rs 123| Stop Loss Rs 110Expert: Kunal Bothra, Market Expert told ETNow J&K Bank: Buy| Target Rs 98| Stop Loss Rs 90Bajaj Finance: Buy| Target Rs 7200| Stop Loss Rs 6950Sona BLW Precision Forging: Buy| Target Rs 615| Stop Loss Rs 575Expert: Nooresh Merani, an independent technical analyst told ETNowIndusInd Bank: Buy| Target Rs

«In the near term, we expect the market to trade in a broader range with buying seen at lower levels. Stock specific action is likely to dominate,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 19600 zones while an immediate trading range in between 19200 to 19500 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a muted startGIFT Nifty on the NSE IX traded 3 points, or 0.02 per cent, higher at 19,391.50, signaling that Dalal Street was headed for flat start on Tuesday.

Stocks declined for the third consecutive week. The outlook for stocks might further deteriorate since any remaining supportive flows from options expiration (OPEX) have been exhausted. According to GammaLab, the S&P 500 remains within a negative gamma regime, indicating that dealers will sell during declines and buy during periods of strength. However, of greater significance, this implies that volatility will likely remain heightened, thereby sustaining an elevated VIX.

India VIX was down by 1.48% from 12.14 to 11.96 levels. Volatility rose above 12.5 during the day and later cooled off and comforted the bulls. Options data suggests a broader trading range between 19000 to 19600 zones, while an immediate trading range between 19200 to 19500 zones.

India VIX was down by 0.80% from 12.24 to 12.14 levels in the previous trading session. Volatility rose to 12.5 during the day and has been holding above 12 from the last few sessions.

Reliance would be in focus as Jio financial services is set to be listed today. «We expect domestic as well as global markets to remain under pressure. The action is likely to continue in the broader market along with sectorial rotation,» Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 19600 zones while an immediate trading range in between 19100 to 19500 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETS

Investors should brace for more correction in the week ahead and watch out for a crucial support zone of 19,100-19,200 says Aamar Deo Singh, Head Advisory atAngel One while listing FII flows and currency movement among top triggers for the markets. He also suggests likelihood of profit booking in small cap and mid cap stocks after a strong rally over many months while spelling out his strategy on Adani Power, Nykaa and others.

«The escalation of US bond yields is expected to limit the influx of foreign investments into the Indian market, further impacting market dynamics,» said Vinod Nair, Head of Research at Geojit Financial Services. «The market has been witnessing pressure on account of weak global cues especially because of the faltering of the Chinese economy and Fitch's warning to downgrade US mid sized banks. We expect this weakness to persist in the market in the near term in the absence of any positive trigger,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 19700 zones while an immediate trading range was in between 19200 to 19500 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded 16.5 points, or 0.09 per cent, higher at 19,299.50, signaling that Dalal Street was headed for positive start on Friday.

Nifty on Thursday formed an Inside Bar candle on the daily chart. Now, till it holds below 19,420 zones some more profit-booking could be seen towards 19,300, then 19,250 zones, whereas resistance exists at 19,480 then 19,560 zones, said Chandan Taparia of Motilal Oswal. The negative chart pattern like lower tops and bottoms is active on the daily chart and the market has not shown any decisive upside bounce so far.

The S&P BSE Sensex rose more than 100 points while the Nifty50 closed above 19400 levels on Wednesday. India VIX was up by 1.04% from 12 to 12.12 levels in the previous trading session.