Indian markets started the August series with a decline. This extended the ongoing correction, resulting in a drop of over half a percent. Analysts suggest a cautious, hedged approach. Stock-specific activity is expected during the earnings season. India VIX rose, indicating increased market fear. FIIs were net sellers, while DIIs were net buyers. The Rupee strengthened against the US dollar.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets