Equity trading tips: Sensex gains 363pts, Nifty ends above 8350; DRL, HDFC surge
Asian Paints Q4 lower than estimates, net up 19% at Rs 341 cr
NSE to auction government debt worth Rs 2,684 crore today
Tata Coffee surges 11%, Q4 net jumps 2-fold on sales growth
FPIs pull out Rs 17,000-crore in two weeks on MAT worries
EPC contribution to revenue at Rs 40-50 cr: Gammon Infra
The Indian markets saw heavy buying towards the end of the trade, ending the day with second consecutive session of gains. Blue-chips rose after forecast of a timely monsoon raised hopes that the Reserve Bank would lower interest rates in June.
The volatility index (VIX) ended the day @ 17.90. The index slumped over 15% in intraday trade to hit a low of 16.77.
On May 13, India VIX rose as high as 21.4, its highest since February 25 with no major event in sight.
Last time VIX came closer to 21 was ahead of last Budget. It rose to 39.3 in May 2014 ahead of Modi's landslide election win.
Sensex @ 27,687; up 363 points.
Nifty @ 8,373; up 111 points.
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