Diwali Muhurat trading today: Here's what the trading setup looks like
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Indian markets extended positive momentum, driven by better-than-expected Q2 results from major companies and festival optimism. Positive global cues further bolstered investor sentiment, with easing trade narratives between the US-China and rise in European markets led by defense stocks. In today's session, trading will be symbolic and brief for an hour or so to mark Diwali. STATE OF THE MARKETS Tech View: The technical setup remains positive as long as the index stays above 25,700, below which it may move back into consolidation. India VIX: India VIX, which is a measure of the fear in the markets, fell 2.3% to settle at 11.36 levels. MSCI's index of Asia-Pacific shares outside Japan was trading 0.8 per cent higher Live Events Japan's Nikkei rose 0.8%Australia's ASX 200 gained 0.68%New Zealand's DJ rose 0.15% South Korea's Kospi was up 0.51% China's Shanghai soared 1.20% Hong Kong's Hang Seng surged 1.69% ...