Economic TimesLean R·
Pre-market action: Here's the trade setup for today's session
Benchmark indices faced a volatile session due to profit booking and investor caution before US inflation data. Analysts indicated that the index needs to create higher highs and lows to signal a potential recovery. While India VIX rose, the Nasdaq ended lower following disappointing inflation data that raised interest rate concerns. Foreign institutional investors net sold shares, while domestic institutions were net buyers on Wednesday.
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