Economic TimesLean R·
Pre-market action: Here's the trade setup for today's session
Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest the Nifty's immediate bias remains down, targeting key support levels. The India VIX, a fear gauge, rose significantly, indicating market anxiety. Foreign portfolio investors and domestic institutional investors were net buyers on Monday. The Indian rupee traded in a narrow range due to RBI intervention and oil price concerns.
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