Bulls Take Charge: GIFT Nifty points to gap-up opening for Dalal Street (opens original article in a new tab)

Indian equity markets ended a volatile week on a strong note, with improved global sentiment and RBI measures supporting foreign currency inflows, while key technical levels and market indicators show mixed signals.

• Indian equity markets ended a volatile week with a strong performance, ending a two-week losing streak
• The market's immediate hurdle is the 50-DMA at 23,720, with potential for a rally towards 24,000 if surpassed
• India VIX fell 6% to 14.72, indicating reduced market fear
• FII net sold Rs 1,082 crore while DIIs net bought Rs 5,341 crore