Market Brief

Overnight, GIFT Nifty fell 0.34%; the S&P 500 fell 0.48%; the Nasdaq fell 0.56%; the USD/INR rate fell 0.69%; Brent crude rose 2.17%; gold fell 1.67%; the US VIX rose 7.95%; the India VIX rose 4.15%; the Nikkei 225 fell 0.30%. GIFT Nifty moved -0.34%; 0 of 48 tracked sectors closed higher and 1 closed lower; composite scores moved higher for 5 and lower for 5 of the day's tracked movers. Stat of the day: PRIMO's composite score gained 48 points today, the largest single-day composite move measured across the tracked universe.