Nifty rallies 359 points as VIX falls 7.48%

The Nifty 50 gained 358.60 points (1.60%) to close at 22,721.95 on Tuesday, October 13, 2026, with 46 of its 50 constituents advancing. India VIX declined 7.48% to 14.11, indicating easing expected volatility. Key pre-market cues for October 14 GIFT Nifty: 22,765 at 8:30 AM IST, indicating a potentially positive opening. Nifty support: 22,554. Nifty resistance: 22,890. Bank Nifty: Closed at 55,481, with support at 55,071 and resistance at 55,891. Institutional flows: FIIs sold ₹1,305.13 crore, while DIIs bought ₹2,439.24 crore. Global cues: US markets ended slightly lower, with the Nasdaq down 0.15% and Dow Jones down 0.35%. Why it matters: Strong market breadth, domestic institutional buying and falling volatility support the recovery. However, continued FII selling and resistance near 22,890 remain important factors to monitor. What to watch today: Nifty’s reaction near resistance, institutional flows and quarterly results from BHEL, Canara Bank, CEAT, Elecon Engineering, ICICI Lombard, Tata Technologies and other reporting companies. Market view: The near-term bias is positive while Nifty holds above 22,554. A sustained move above 22,890 could strengthen bullish momentum, while failure to hold support may trigger profit booking. GIFT Nifty indicates a possible opening, not a guaranteed outcome. Learning outcome: Market breadth, volatility, institutional flows and technical levels provide a more balanced view of market sentiment than index movement alone. Disclosure: For informational and educational purposes only. Not investment advice.