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India VIX was down by 3.39% from 11.07 to 10.69 levels on Tuesday. Volatility slightly cooled down but hovered in the previous days range and lacked momentum in the market.
Bajaj Finance, ICICI Pru Life, LTTS, Happiest Minds and a slew of other companies will announce their second quarter results today.
The net short position of FIIs increased from Rs 70,647 crore on Thursday to Rs 81,077 crore on Friday.
India VIX was down by 2.53% from 11.27 to 10.98 levels on Wednesday. Volatility cooled off and paved the way for the bulls to strengthen in the market.
Both TV18 Broadcast and Network18 Media stocks soared up to 10 percent. Other media shares such as DB Corp, PVR Inox, Dish TV, Sun TV were also up in the range of 1-5 percent.