With the current market scenario, analyst Rahul Ghose, Founder of Hedged.in interacted with ET Markets regarding the outlook on Nifty and Bank Nifty and an index strategy for the upcoming week. Following are the edited excerpts from his chat:
National Stock Exchange of IndiaPCR data cannot be used for drawing any conclusions right now as this ratio is more useful in market extremes.The \u003Cem\u003EIndia\u003C/em\u003E \u003Cem\u003EVIX\u003C/em\u003E hovered around 12.5 last week, indicating low volatility. This subdued behavior can be attributed to the holiday season, which saw muted volumes in both domestic and global markets.
