The Indian stock market is expected to open weak as trends on SGX Nifty indicate a negative start for the index in India.
Profit booking on the April series expiry day led to S&P BSE Sensex closing below 50,000 while the Nifty50 witnessed selling pressure above 15,000.
Sectorally, the buying was seen in metals, energy, oil & gas, and healthcare stocks while profit booking was seen in auto, telecom, consumer discretionary, and capital goods.
India VIX moved up by 2.67 percent from 22.70 to 23.30 levels. India VIX remained between 18.23 and 23.62 zones. Lower volatility suggests that decline could be bought in the market.
Stay tuned to Moneycontrol to find out what happens in the currency and equity markets today. We have collated a list of important headlines across news platforms that could impact Indian as well as international markets:
The S&P 500 closed at a record high on Thursday, fueled by gains in Facebook following its strong earnings report.