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

Indian equity markets extended a gradual recovery phase for the third consecutive session. Analysts expect markets to remain strong with an upward bias driven by global cues and local sector-specific developments.

Market conditions

• Tech View: In the short term, 25,500 is likely to act as a crucial support level. As long as it holds, buyers dominate. At higher levels, the index may extend gains towards 26,000 and above.
• India VIX: The India VIX, a measure of fear in markets, settled down 3.5% at 12.22.

Ban stock today in F&O

Sail

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 Wednesday invested Rs. 1,154 crore net purchase of shares. Meanwhile DII Rs. 440 crore were net buyers.

Rs
The rupee rose 2 paise to settle at 90.72 against the US dollar on Tuesday on positive domestic equity markets and lower crude prices overseas.

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