The Nifty Bank bounced back on Monday and rose more than 500 points to reclaim 45,000. The Nifty Bank rose 576 points to close at 45,442. The Nifty50 rallied 387 points to close at 21,739.
The Nifty Future closed positive with gains of 1.39% at 21488 levels on Wednesday. India VIX was down by 3.21% from 14.85 to 14.38 levels. Volatility spiked to 15.6 zones but later cooled off which made the bulls at ease at crucial support zones.
F&O Stocks to Buy: The Nifty futures closed negative with losses of 1.86% at 21202 levels on Tuesday. India VIX was up by 7.61% from 13.80 to 14.85 levels. Volatility spiked to 15.4 zones and awakened the bears which led to the weakness across the market.
The Nifty future closed on Saturday. India VIX was down by 1.90% from 13.88 to 13.80 levels. Volatility cooled off after spiking to higher zones during the week.
Positive setup was seen in stocks like Aarti Industries, IRCTC, REC Ltd, OFSS, PFC, BHEL, Cummins India, Indian Hotels, PNB, ONGC, Bharti Airtel, GAIL, IOC, M&M, Birla Soft, Tech Mahindra, Titan, Axis Bank etc. among others.