Nifty Call: Nifty 50 June Futures (15,630)
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Summary:
The Sensex and the Nifty 50 open the session on a positive note and subsequently began to decline after an initial rally. The Asian stocks are trading mixed; the Nikkei 225 is marginally down by 0.16 per cent to 28,814 while Hang Seng index is up by 0.95 per cent to 29,428 levels in today’s session. Both the Nifty 50 and Sensex are moving sideways in a narrow range between positive and negative territory.
The market breadth of the Nifty 50 index is marginally biased towards advances. Although the benchmark indices are trading flat, the India VIX has jumped 4 per cent to 17.5 per cent implying increase in volatility. Nifty mid and small-cap indices have declines 0.2 per cent and 0.5 per cent respectively. Baring Nifty FMCG and media, which are slightly hovering in the positive territory, ...
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