The Indian market is expected to edge higher on Thursday tracking positive global cues. The S&P BSE Sensex fell more than 300 points while the Nifty50 closed below 18200 levels on Wednesday. India VIX was down by 1.39% from 13.29 to 13.10 levels on Wednesday. Volatility had risen in the initial part of the day which awakened the bears but closed lower. On the options front, the weekly maximum Call OI is placed at 18400 and
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and