Nifty ended higher last week with banking sector influence. Positive sectors, except IT. Rising VIX hints at volatility. FPI flows, US bond yields, Indian economy critical. Technical analysis, IPO calendar impact sentiment.
Indian equities, led by Reliance Industries, showed gains. Various sectors surged, with expectations of steady Fed rates in May 2024. Trent rises over 6% post solid Q4 results.
April rollover for the Nifty Index futures were lower at 65.12%, significantly lower compared to the previous month s 69.77% and the three-month average of 71.40%, states a report by SBI Securities.