1. U.S Markets closed mixed Yesterday.
2. Right now , Dow Futures are flat.
3. Asian markets are mixed.
4. Gift Nifty is indicating a very flat opening.
5. U.S VIX was up by less than a percent yesterday.
6. Yesterday India VIX in the final 30 minutes crashed by 3%.
7. India VIX at one point of time was above 16 Yesterday.
8. Yesterday it closed below 16.
9. This is a good news for the Bulls as well as Option sellers.
10. Reason it's a good news for the Bulls is because lower the VIX lower the Volatility.
11. Lower Volatility is good for steady markets.
12. Higher VIX attracts roller coaster moves.
13. Now , the largecaps and fund managers favorite stocks have started buying perform.
14. Now large caps have been outperforming the Mid & Small caps.
15. Yesterday in spite of all the indices closing more than half a percent in green , many of the portfolios were in red.
16. This is due to the advance decline ratio was in favour of declines yesterday.
17. 60% of the stocks declined yesterday whereas 40% have advanced.
18. Money shift has been happening from the mid & Small cap stocks to the largecaps.
19. The theme of last 6 months is the PSU stocks.
20. All the PSU stocks have re - rated & have given stellar returns.
21. Nifty might trade between 21650 to 21950 today.
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