The US markets rallied. However, futures trading is in the red. 

Asian markets are showing mixed cues.

Yesterday, FIIs were selling again. Except for this Tuesday, they have been on a selling spree for a while. 

Today is the monthly expiry day hence volatility may be a little bit higher than yesterday. 

Indiabulls Housing Finance, Vodafoneidea and RBL Bank are under the F&O ban. 

The Omicron cases are rising all over the world including India. This might reflect on today’s trade pattern.  

Raghuveer Jandhyala

Editor, Tax Concept. I have written on market, finance, management, and technology.