Nifty 50 ends flat at 25,227, showing resilience near 25,150 after gap-down start - Religare Broking Ltd
Market Outlook
The Nifty 50 closed at 25,227, marking a muted session after a gap-down opening, while exhibiting resilience near the 25,150 level. On the derivatives front, significant OI build-up was observed at the ATM Call strikes, indicating limited upside potential and a possible capping of gains at higher levels. On the downside, a decisive move below 25,150 could trigger a decline towards the 25,000 mark, where substantial Put OI is concentrated.




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