Nifty 50 closed at 25,181, showing resilience near the 25,000 level - Religare Broking Ltd
Market Outlook
The Nifty 50 closed at 25,181, registering a positive session and showcasing resilience near the 25,000 mark. On the daily chart, the index remained confined within a narrow 200-point range, fluctuating between 25,000 and 25,200. Derivatives data further highlights fresh Put OI build-up at the 25,000 strike and concentrated Call OI at 25,200, indicating a restricted trading zone. A decisive breakout from this range will be crucial to trigger a directional move in the near term.




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