Despite the positive trend, analysts remain skeptical of the high levels of India VIX, the volatility gauge, as they anticipate wild swings in the second half of the trade today
All Nifty sectoral indices were trading in green, with pharma, auto leading the pack. Nifty Bank, PSU bank, metal, energy and FMCG indices were trading up to a percent higher
Bank Rollovers on D-1 day are at 57 percent - a tad lower than its 3 months average rolls of 62 percent. It is crucial for Bank Nifty to contribute positively for the overall health of the markets. The expected expiry for Nifty is in the range of 21330 to 21470, while for Bank Nifty, it implies a range of 45450 to 44650.