Major Indian equity indices continue trade in a narrow range with little change in the Nifty 50 index in the last five trading sessions. The India Volatility index continues to trade between 12 and 13 which shows traders expect little volatility in the near term. As markets move into trade next week, is the consolidation likely to continue or can traders expect a sharp move?
On BloombergQuint's Surf's Up, which tracks weekly trends in equity derivatives, Gaurav Bissa of LKP Securities says indices are likely to move side-ways until crucial technical levels are breached. For more on what levels to bear in mind and stocks to watch, listen in.
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