Nifty 50 ended the week at 25,149 from the peak of 25548 - Religare Broking Ltd

Market Outlook
Nifty 50 ended the week at 25,149 from the peak of 25548. The market sentiment is neutral to negative, with the advance-decline ratio 0.32 indicating selling pressure. The decrease in India VIX suggests reduced market uncertainty. For 17 July Expiry, 25300 has highest Call OI build up followed by 25500 strike signalling potential resistance at these level, while on downside 25000 is key support area with highest Put OI build up. PCR at 0.55 reflecting more calls being traded compare to puts.
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