Nifty outlook 2018: Bear fear soars, index may fall below 10,000
Nifty outlook 2018: The bear-baiting had probably gone too far, and bears are now fighting back. The previous week ended March 16 in the initial stages saw up-move that put the bulls at a slight advantage. However, the Nifty subsequently dropped below March 9 closing, completely giving surrendering all of its gains. Volatility at high levels, a heavy supply of paper in terms of IPOs, and technical indicators are pointing to the Nifty sliding down to 9600 levels, experts say
Nifty outlook 2018: Volatility is leading to unpleasant activity. The India VIX, a metric to track volatility, has closed at above 15%. Image source: Reuters