Week Ahead: NIFTY May Not Stay Insulated From Global Tensions; Relative Outperformance Expected From Indian Equities

The markets traded with a distinct negative bias throughout the short trading week, with sustained selling pressure and a moderately weak close. After attempting to stabilize at higher levels early in the week, Nifty gradually drifted lower and breached key short-term supports. It oscillated in a range of 758 points before closing near the lower end of the range. Volatility cooled off, with India VIX decreasing by ~4.78% on a weekly basis, reflecting increased nervousness amid global uncertainties. Nifty ended the week with a minor net loss of 106.50 points (-0.47%)