Analysts forecast a tumultuous market as the Sensex and Nifty trade sluggish and the VIX spikes.

Nifty, Sensex, and Stock Prices LIVE: Weak global cues caused the Indian benchmark indices, the Sensex and Nifty, to open the week down on Monday. In a tumultuous trading session, the BSE Sensex had down 196.30 points to 72,468.17 at 12.47 p.m., and the NSE Nifty had dropped 45.70 points to 22,009.50. Experts anticipate a tumultuous market, particularly in the mid- and small-cap categories, where foreign selling is expected to persist as a difficulty. The VIX, a measure of market anxiety, surpassed 18. Anand James, Chief Market Strategist at Geojit Financial Services, highlights the sharp spike in volatility expectations as he draws a comparison between the present VIX jump and the time leading up to the 2019 election. He speculates that the VIX would drop off, possibly ahead of the election results. Equities all aroundStock Market Today | Share Market Live Updates - Get all the latest information on the Indian stock markets, share prices, Sensex, Nifty, BSE, and NSE for May 13, 2024, right here.

Current Stock Market: Bank Nifty forecast for May 13, 2024: Consider shorts if the index falls below a base. The Bank Nifty, which lost 3.1% of its value last week, appears to be continuing its negative trend this week. It began the session today at 47,390, down from Friday's close of 47,421.