Mumbai, Oct. 26 -- Indian equity markets are grappling with heightened volatility, driven by upcoming US presidential elections, global central bank rate decisions, and crucial corporate earnings, according to Hemang Gor, Senior Research Analyst for Derivatives and Technical Research at Axis Direct.

Speaking exclusively with ANI News in Mumbai on Monday, Gor analysed the recent 4 per cent drop in benchmark indices and outlined trading strategies for the volatile week ahead.

Addressing the technical posture of the market following a sharp correction in October, Gor noted that while the Put-Call Ratio (PCR) is nearing oversold territory at approximately 0.81, historical patterns indicate that rebounds are likely to be short-lived.

"Whene...