GIFT Nifty rises 90 points; here's the trading setup for today's session
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Equity markets rallied over 3% after exit polls predicted NDA's third consecutive win. Experts expect new highs and recommend focus on manufacturing, capex, infrastructure, and financials for long-term investment. GIFT Nifty traded 88 points higher at 23,555. India VIX fell 14.77% to settle at 20.94 levels. Oil prices saw a slight decline. Brent crude futures decreased by 0.3% to $78.16 per barrel. Foreign portfolio investors were net buyers at Rs 6,851 crore. The rupee gained 28 paise against the US dollar. FII net short reduced from Rs 3.18 lakh crore to Rs 1.96 lakh crore. Securities in the F&O ban period include companies in which the security has crossed 95% of the market-wide position limit.
#GiftNifty #ExitPolls #EquityMarkets #Manufacturing #Capex #Infrastructure #Financials #OilPrices #ForeignPortfolioInvestors #Rupee #Fii #F&oBan
https://m.economictimes.com/markets/stocks/news/gift-nifty-rises-90-points-heres-the-trading-setup-for-todays-session/articleshow/110684508.cms
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