The weekly breakout above 17,800 followed with India VIX closing below 18% mark is likely to add further momentum to the Indian markets with expectation of new all-time high in the coming weeks.

Adding to it, the ratio of Nifty 50 Index to WTI Crude oil has triggered positive attention after weekly closing in ratio was able to surpass the resistance line as well as closing above 50 WMA.

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