Stock-market indicator with a near-perfect track record is flashing a ‘buy’ signal. Here are the most volatile days for stocks before the election, according to the options market. Dow Jones Industrial Average futures are dipping 0.1%.

The Sensex closed at 83,185, up 237 points, while the Nifty ended at 25,416, a gain of 38 points. The Midcap index, on the other end, continued its downward trend, falling for the third consecutive session.

Odds of another 50 basis point rate cut at the Federal Reserve's next FOMC meeting in November hit 53% on Monday compared to 29% one week ago.