Sensex, Nifty extend gains to 3rd day, Q4 results to guide stock-specific action

Key points

• India VIX, which measures near-term volatility saw a sharp fall of 18 percent to trade around 10.42 As corporate earnings season progresses, analysts believe stock-specific action to take place The benchmark Sensex and Nifty indices traded in the positive territory on April 23 morning backed by strong global cues.
• As corporate earnings season progresses, analysts believe stock-specific action will take place.
• However, they recommend caution, given the geopolitical uncertainties and the onset of general elections.
• Around morning, the Sensex was up 190.02 points or 0.26 percent at 73,838.64, and the Nifty was up 53.40 points or 0.24 percent at 22,389.80. The market breadth was in favour of gainers as around 1,963 shares advanced, 833 declined, and 94 stayed unchanged.
• Follow our live blog for all the market action India VIX, which measures the near-term volatility, saw a sharp fall of 18 percent to trade around 10.42, lowest this year.