IBEX Flat with Little Change

IBEX Closed Relatively Flat

The India VIX (Volatility Index), also known as the fear gauge, closed relatively flat on Monday, with a marginal increase of 0.56% at 13.24. This indicates a stable market sentiment with moderate volatility, as traders await key economic data releases this week.

Factors Influencing IBEX

Several factors are influencing the movement of the IBEX. The Reserve Bank of India (RBI) is scheduled to announce its monetary policy decision on Wednesday, which could impact market volatility.

Additionally, global cues, such as the ongoing Russia-Ukraine conflict, the rising inflation concerns, and the recent correction in the US markets, are also influencing the domestic market sentiment.