Mumbai, June 19 (IANS). The Indian stock market saw a stable business on Thursday’s business on Thursday and due to this, the ‘Fear Index’, which showed the market, went below the level of India Vicks 14.
Meanwhile, investors were cautious due to the ongoing geopolitical tension in the Middle East.
India Vicks fell 2.5 percent to 13.92 in the afternoon business. This indicates a 20 percent decline in the instability index in the last one month. This shows that traders are less worried about the market fluctuations.
Experts said that trading below India Vicks below 15 indicates low instability and it reflects the growing confidence of investors. It can support the existing market boom, provided other global and domestic signals remain stable.
“The decline in the Fear Index suggests that investors are quiet despite geopolitical concerns,” he said.
It also indicates strong institutional flow and better global signals contributing to positive mood.
In the previous season, India Vicks closed down 14.40 below 14.27, which reflects stable but vigilant investor spirit.
With the latest move, the market is going into a more stable phase, although the risk still remains on the horizon.
Meanwhile, the benchmark index were slightly below. During the Intra-Day session, the Sensex fell 37.40 points or 0.05 percent to 81,407.26.
The Nifty also fell 7.20 points or 0.03 percent to 24,804.85 due to the decision of the US Federal Reserve and weak Asian signals.
As expected, the US Federal Reserve decided to keep the interest rates unchanged.
In its statement, the central bank maintained its forecast of cuts twice this year, although the increasing number of policy makers believes that no deduction may happen now.
Choice Broking’s Mandar Bhojane said, “Fed has also revised its Longator Outlook slightly, now in 2026 and 2027 is estimated to be a quarter points.”
-IANS
SKT/
