Nifty 50 closed above 23500 and settled the month with gains of more than 6% - Religare Broking Ltd

Market Outlook
Nifty 50 closed above 23500 and settled the month with gains of more than 6%. The India VIX ended at 12.71. The Advance-Decline Ratio is 0.78, indicating a neutral trend. Derivatives data suggests Sideways sentiments in the market for first expiry of April, and likely to close within 400 pts as we witness reduction in ATM Call and Put options OI aimed tariffs update due on 2nd April.
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