D-St braces for weak opening on negative GIFT Nifty cues

What happened: GIFT Nifty traded lower by 34 points, or 0.15 per cent, at 22,558, signaling a negative start for Dalal Street on Thursday. Asian shares slipped and Wall Street closed lower on Wednesday. Key numbers: GIFT Nifty down 34 points, or 0.15 per cent, at 22,558. India VIX rose 2 per cent to 13.88. FIIs net sold Rs 6,121 crore; DIIs net bought Rs 4,596 crore. Why it matters: A decisive fall below 22,600 might reignite bearishness, with a break below that level possibly dragging the index towards 22,200, while a sustained rise above 22,750 might bring bullishness back.

Negative GIFT Nifty cues signal weak opening for D-Street.

Negative GIFT Nifty cues signal weak opening for D-Street. — impact context not separately stored; see What changed.