Nifty 50 traded almost flat today around the 26,200 zone, while broader indices showed only mild moves, indicating a quiet, range-bound session rather than a strong trend day. India VIX is hovering in a low-to-moderate band, signalling contained short-term volatility and no major fear spike in the near term.​Indices and volatility

• Nifty 50 is nearly unchanged on the day, reflecting a balanced tussle between intraday buying and profit booking rather than a directional move.​
• India VIX remains relatively subdued, which typically aligns with stable option premiums and lower expectation of sharp intraday swings.​

• Recent cash-market data show Domestic Institutional Investors (DIIs) continuing to post healthy net buying, providing a supportive floor to dips.​
• Foreign Institutional Investors (FIIs) have been more mixed, alternating between moderate selling and selective buying, so index direction is still being driven more by domestic flows than global risk-off alone.​

• Leadership remains with select large-cap financials and IT names where flows are concentrated, while broader midcaps and smallcaps are seeing more stock-specific action rather than sector-wide rallies.​
• Top Nifty gainers list is dominated by a handful of cyclicals and quality financials, whereas losers are largely profit-booking candidates after recent outperformance.​

• Major global indices such as the S&P 500 and key Asian gauges are trading with mild changes, indicating a neutral global risk backdrop, neither strongly risk-on nor risk-off.​
• With no major overnight shock and global volatility gauges contained, local cues (FII/DII flows, stock-specific news, and expiry dynamics) are playing a larger role in intraday movements