GIFT Nifty down 40 points; here's the trading setup for today's session
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Indian equities ended modestly higher on Monday as investors remained cautious amid mixed global cues. Key earnings today include State Bank of India, Mahindra & Mahindra, Adani Ports, InterGlobe Aviation, and Indian Hotels. Going forward, analysts expect the market to track the ongoing earnings season, while any positive trigger on the India–US trade deal front could create favourable sentiments. STATE OF THE MARKETS GIFT Nifty (Earlier SGX Nifty) signals a negative start GIFT Nifty on the NSE IX traded lower by 39 points, or 0.15 per cent, at 25,880, signaling that Dalal Street was headed for a negative start on Tuesday. Tech View: On the downside, immediate support lies at 25,600, while the key support from the 21-DMA is placed around 25,540. Meanwhile, the volatility index spiked to 12.50, suggesting rising caution among traders and the potential for increased market volatility in the near term. India VIX: India VIX, which is a m...