2025-10-31 09:53:12 am | Source: Religare Broking Ltd
Nifty 50 closed at 25,877, down amid profit-taking near 26,000 - Religare Broking Ltd
Market Outlook
The Nifty 50 closed at 25,877, marking a negative session amid profit-taking from the 26,000 level. On the derivatives front, fresh Call OI build-up at the 26,000 strike indicates an immediate hurdle zone, while significant Put OI concentrations at the 25,800 and 25,700 strikes suggest strong support levels on the downside. On the daily chart, the index has been trading in a narrow range between 25,700 and 26,100 over the past week. A decisive breakout on either side of this range will be crucial to determine the trend for the coming sessions.
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