 "Markets, Buy, Sell, Stocks, Shares")
Nifty View:
The Nifty traded amid high volatility but recovered from lower levels and its weekly low of 10,848. This move seems to be due to some sort of relief that is anticipated by revision of surcharge on FPIs which in turn will push markets towards 11,000 mark. The index closed at 10,997.40 in line with the same. Now, 11,000 will act as a make-or-break level for the upcoming week. Volatility index, IndiaVIX, is seen to rebound from lower levels and settle at around 15. This suggests more volatility and thus a reversal can be expected. Niftybank managed to rebound
