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The government appointed board of beleaguered infrastructure financier IL&FS slipped in its September quarter debt resolution target while maintaining the full year recovery estimate at over Rs 50,000 crore.
India VIX moved down 3.59 per cent from 22.63 to 21.82 level. Volatility needs to cool down further below 20 level for the market to stabilise and keep in check any spike in volatility ahead of the US election.