EP994 – Are Markets Jittery Before Budget? | India Development Debate
28 JANUARY 2021 11:38 IST | ET NOW | 10 MIN 51 SEC
Fifth day of losses in Dalal Street. The volatile session ended deep in the red amid the expiry of the January F&O series, profit-booking on stretched valuations, and ahead of the Union Budget announcement next week. Nifty ended the Jan series below 13,850. Meanwhile, Sensex slipped 535 points. As Bears continued to haunt the market. Indian VIX zoomed to breach 25 levels earlier in the day only to end with losses. Among sectoral indices, Nifty Bank, Nifty Private Bank, and Nifty Media ended with gains. Watch the debate with Tamanna Inamdar, Amisha Vora, Joint MD, Prabhudas Lilladher, and Sunil Subramaniam, MD & CEO, Sundaram Mutual.