Nifty 50 ended the day at 24609 after facing selling pressure in the opening bell and later find support near 24450-24500 - Religare Broking Ltd

Market Outlook
Nifty 50 ended the day at 24609 after facing selling pressure in the opening bell and later find support near 24450-24500. The India VIX ended at 17.25. The Advance-Decline Ratio is 0.28, indicating negative trend. Derivatives data suggests Sideways to negative sentiments in the market for the coming sessions, as Nifty May future price fell sharply with addition in its OI.
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