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2024-05-05 09:36:34

Business Today on Nostr: Will Monday be a Fry Day? Rising India VIX, volatile FII flows has Dalal Street on ...

Will Monday be a Fry Day? Rising India VIX, volatile FII flows has Dalal Street on the edge for now
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On Friday, the BSE Sensex dropped 732.96 points to settle at 73,878.15 after soaring 484.07 points. The NSE Nifty also declined 172.35 points to 22,475.85. FPIs have invested Rs 1,156 crore in equity and sold Rs 1,726 crore in debt. The rising VIX is indicative of potential volatility. Major companies' earnings and economic data will be watched closely. Nifty could head towards 22192 on the downside while 22619-22794 band could offer resistance on the upside. BankNifty index faced selling pressure from higher levels but maintained its uptrend, closing near the immediate support of 49,000.

#StockMarket #IndiaVix #FiiFlows #BseSensex #NseNifty #Equity #Debt #Earnings #EconomicData #Nifty #Banknifty

https://www.businesstoday.in/markets/stocks/story/will-monday-be-a-fry-day-rising-india-vix-volatile-fii-flows-has-dalal-street-on-the-edge-for-now-428332-2024-05-05
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