^NSEI Today, February 28: Kejriwal Cleared; CBI Rapped on Excise Case
Arvind Kejriwal discharged sets the tone for Indian markets today. A Delhi court cleared all 23 accused in the Delhi excise case, including Kejriwal and Manish Sisodia, while criticizing the CBI’s probe. The legal relief trims policy risk for Delhi-linked activity and alcohol distribution. We expect sentiment support on ^NSEI, though technicals remain soft. With volatility elevated, traders should map levels and size positions carefully as the news filters through cash and derivatives flows.
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