Nifty 50 ended the day at 23328 after opening gap up near 23368 - Religare Broking Ltd

Market Outlook
Nifty 50 ended the day at 23328 after opening gap up near 23368. The India VIX ended at 16.12 down by nearly 20%. The Advance-Decline Ratio is 24, indicating Bullish trend. Derivatives data suggests Sideways sentiments in the market for next expiry as there is significant increase in ATM call and Put options.
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