Pre-Market Action: Here is the trade setup for today’s session

Indian equity markets ended lower in a low, low-volume session as continued foreign institutional investor inflows, lack of triggers and year-end caution weighed on sentiment. Analysts expect Indian equities to trade in a narrow range in the near term, tracking macro indicators and institutional flows.

Market conditions

• Tech View: As December series monthly F&O expiry approaches, market volatility is expected to remain elevated and Nifty is likely to trade in the range of 25,800-26,100.
• India VIX: The India VIX, a gauge of fear in the markets, rose 6% to settle at 9.72.

Ban stock today in F&O

Equity capital

Block period securities under the F&O segment include companies in which the security exceeds 95% of the market-wide position limit.

FII/DII action

Foreign portfolio investors on Monday invested Rs. 2,760 crore net sale of shares. Meanwhile DII Rs. 2,643 crore were net buyers.

Rs

The rupee closed eight paise lower at 89.98 (provisional) against the US dollar on Monday, weighed down by foreign fund inflows and a negative trend in domestic equities.

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