Intraday Tips Market Trend
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The Nifty Index in last trading session witnessed sharp sell-off. It ended with losses of nearly 2% at 5751.90. On the derivatives front we have seen that the Nifty Futures prices declined along with an overall addition of open interest and decline in the cost of carry, this is an indication of shorts being built at higher levels. On the options front the OI PCR and the Volume PCR both witnessed decline. On the volatility front the Indian Volatility Index (VIX) has surged by 8.13% indicating high degree of uncertainty.

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Intraday Tips Updated at: 7:54 PM
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