neutral
Recently
Nifty extends gains for second day despite rise in India VIX, signalling cautious optimism
Nifty advanced for a second day despite a rise in India VIX, reflecting cautious optimism supported by stable domestic flows and selective sector gains.
Nifty continued its upward momentum for a second consecutive session, crossing key resistance levels even as India VIX saw a modest uptick. Traders said the move reflected cautious optimism supported by firm global cues and selective buying in banking, IT, and FMCG stocks. Despite higher volatility expectations, domestic flows remained stable, cushioning intraday pressure.
Analysts noted that market participants are positioning conservatively ahead of major US macro releases and state election outcomes, keeping overall sentiment balanced.