It is likely that national markets open very less with the volatility index that increases above the 21st brand. As the Sindoor operation continues, analysts expect the market to remain nervous. Gift Nifty at 23,990 indicates an opening of the gap of approximately 200 points, almost 200 points above the day of 23,835.
The government’s action suggests that there is a low possibility of a war. “However, in the case of a complete war, we must take into account that since 1950, India has seen four important wars. In the last important conflict (Kargil-1999), the capital markets remained robust after the initial panic,” Kotak Mutuald said.
Meanwhile, Asian markets provide positive global signals, since the United States works at individual tariff levels. On Thursday, he signed an agreement with the United Kingdom. The agreement is ready to reduce tariffs on steel and cars and facilitate the US White House Declaration.
Option data reveals a cautiously defensive tone. “Call writers have construction mango positions on higher strikes, which reflects a strong supply barrier. On the other hand, the writing of puts has been subjected to the upper levels, which suggests that the bulls hesitate to pursue the rally,” he said DHUPESH DHAMEJA, Derivative Research Analyst, Samco Securities
India Vix increased by 10.22 percent to close at 21.00, violating the psychological import level of 20. “This increase in volatility reflects the growing uncertainty driven by convincing conflicts that increase. With a VIX greater than 20, merchants must remain tactical and conscious of the risk, since the threat of sudden intrayas changes continues to progress.
However, FPIs have remained net buyers despite the climb of tensions between India and Pakistan. Including the purchase of millions of rupees of ₹ 2,000 on Thursday, buyers remained during the sixteenth consecutive day in the cash segment.
Siddhartha Khemka, main research, heritage management, Motilal Oswal Financial Services LTD, said foreign institutional investors (FII) were net buyers, with a monthly entry of ₹ 9,648 million rupees, support for regional regions. “Looking towards the future, the volatility of the market persists is expected as investors track more developments on the Indian-Pakistan front and US commercial announcements,” he added.
Posted on May 9, 2025