VIX Financial News

«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 19800 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 23 points, or 0.12 per cent, lower at 19,389, signaling that Dalal Street was headed for negative start on Thursday.

The S&P BSE Sensex and the Nifty50 closed flat but with a positive bias on Monday. Indian market remained shut on Tuesday on account of a public holiday.

«Market is witnessing consolidation at higher levels in the absence of any positive trigger. We expect this trend to continue in the near term as a series of macro data around the world and FOMC meeting minutes will be released during the week which could keep markets subdued,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 19800 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded 88.5 points, or 0.45 per cent, lower at 19,385.50, signaling that Dalal Street was headed for negative start on Wednesday.

Nifty on Monday ended flat, but formed a bullish hammer pattern with a longer lower shadow on the daily chart where it took support at its 50-EMA. As the RSI on the daily chart demonstrated a bearish crossover, with its value dropping below 50, it could be signs of a weakening trend.

The S&P BSE Sensex fell over 300 points while the Nifty50 closed below 19,500 levels on Friday. India VIX was up 1.07% from 11.40 to 11.52 levels in the previous trading session. Volatility inched higher and caused some discomfort to the bulls.

In line with what was anticipated in the previous weekly technical note, the Indian equity markets witnessed profit-taking bouts from higher levels along with spikes in the volatility that is hovering around one of its lowest levels of recent months. It was also expected that the current uptrend might stand disrupted and the markets may slip under corrective consolidation. The trading range again got narrower; against 499 points in the week before this one, the NIFTY oscillated in a 232.75 points range.

Nifty formed a long bear candle on the daily charts, indicating a downside breakout of the smaller range movement of the last few sessions. On the weekly timeframe, an Inside Bar was formed on the charts. Now till it holds below 19,500 zones, weakness could be seen towards 19,300 then 19,250 zones whereas hurdles are placed at 19,550 then 19,650 zones, said Chandan Taparia of Motilal Oswal.

policy as the Central bank sounded hawkish on inflation. The unexpected announcement of reducing cash in the financial system also weighed on the sentiments. "Markets will now take cues from US inflation data which will be released late Thursday as the data would further provide insights into Fed’s future policy decision," 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 16 points, or 0.08 per cent, higher at 19,556, signaling that Dalal Street was headed for positive start on Friday.

Duncan MacIness (pictured) co-manages the Ruffer Investment Company alongside Jasmine Yeo.

RBI policy outcome. As we move towards the end of first quarter results season, action will likely shift to macro factors, with economic data due for release during the week. «We expect the market to consolidate, while interest sensitive sectors are likely to be in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 20000 zones while an immediate trading range in between 19300 to 19700 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 45 points, or 0.23 per cent, higher at 19,605.50, signaling that Dalal Street was headed for positive start on Wednesday.

Nifty on Tuesday ended about 26 points lower to form a small-bodied bearish candle with a long lower shadow on the daily chart. The pattern indicates that buying was visible at base but momentum and follow-up was missing. Now it has to hold above 19560 zones for an up move towards 19700 and 19800 zones whereas supports are placed at 19500 and 19420 zones, said Chandan Taparia of Motilal Oswal.

India VIX was up by 5.04% from 10.57 to 11.10 levels in the previous session. Volatility moved from lows but overall hovered at lower zones.

"Markets are likely to trade in a range ahead of RBI policy this week. FIIs continued their selling streak for the last few days, thus keeping the upside limited. We expect sector- and stock-specific actions to continue," 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 negative startGIFT Nifty on the NSE IX traded 15 points, or 0.08 per cent, lower at 19,666.50, signaling that Dalal Street was headed for negative start on Tuesday.

Stocks were lower last week, creating bearish engulfing patterns on the weekly charts. The most notable was on the S&P 500, which saw the body of the red candle completely overtake the body of the green candle from the week before.

This week would be crucial for domestic markets as RBI is set to announce its interest rate decision. «Markets are likely to move in a broader range with some volatility. Interest-sensitive sectors are expected to remain in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 20000 zones while an immediate trading range in between 19200 to 19600 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 8 points, or 0.04 per cent, higher at 19,596.50, signaling that Dalal Street was headed for muted start on Monday.

This week would be crucial for domestic markets as RBI is set to announce its interest rate decision. «Markets are likely to move in a broader range with some volatility. Interest-sensitive sectors are expected to remain in focus,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Option data suggests a broader trading range in between 19000 to 20000 zones while an immediate trading range in between 19200 to 19600 zones. Here's breaking down the pre-market actions:STATE OF THE MARKETS

The trading range expanded on anticipated lines as Nifty oscillated in a 499-point range over the past five sessions. Despite a decent pullback on the last trading day of the week, the headline index closed with a net loss of 129 points (-0.66%) on a weekly basis. From a technical perspective, the high point of 19,991 has now become an intermediate top for the markets.

India VIX was down by 0.84% from 11.27 to 11.18 levels on Thursday. Volatility spiked towards 12 and sank gradually during the day.

Nifty formed a bearish candle with a longer lower shadow on the daily charts on Thursday expiry. Now till it holds below 19,420 zones weakness could be seen towards 19,200 and 19,100 zones while hurdles are placed at 19,560 and 19,650 zones, said Chandan Taparia of Motilal Oswal. India VIX was down by 0.84% from 11.27 to 11.18 levels.

Stocks deepened a slump, unraveling more of this year’s high-powered rally as Treasuries added to their decline. Investors braced for another interest rate increase from the Bank of England later Thursday.

India VIX was up by 9.70% from 10.25 to 11.27 levels on Wednesday. Volatility spiked during the day, that gave comfort to the bears as they made their way.