The volatility index, India VIX, has slipped to 13.4 indicating choppiness is gradually subsiding and thus providing comfort to the bulls. Chart patterns suggest the 13-exponential moving average zone of 18,200-18,250 will be a strong support.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created