The Nifty futures market is showing little movement, mirroring the narrow trading range in Asian markets. Traders are exercising caution due to the recent selloff, although there are signs that the market has stabilized.
However, high valuations and limited foreign inflows are keeping bullish investors on high alert. Adani stocks experienced a rebound on Wednesday, but options writers are demanding a higher premium for selling hedges in these stocks, indicating a cautious sentiment among investors.