India VIX spiked 7% last week and hovered near 19-20 zones, which is not giving much comfort to the bulls and it needs to hold below 18 zones for a smother market rally. Investors can continue with their existing long positions. Stock-specific action will continue.
AI infrastructure and data centre plays could be the next big theme: Atul Suri
Despite negative sentiment and foreign investor selling, Indian equities are showing signs of building a base, with a breakout above 24,500 on the Nifty potentially