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Below the Quote on Post market comment by Mandar Bhojane, Research Analyst, Choice Broking

On the daily chart, after a gap-up opening, Nifty made a new record high near the 25,000 level, fell 225 points from the day's high, and finally settled at 24,836.10. If the index manages to close above the 24,960 level, it could reach new all-time highs with targets of 25,400 and 25,500 in the coming days. On the flip side, 24,700 and 24,600 act as immediate support.

The India VIX, a gauge of market volatility, increased by 5.70 percent intraday to settle at 12.9450, indicating increased market uncertainty. In terms of Open Interest (OI) data, the highest OI on the call side was observed at the 24,200 and 25,500 strike prices, while on the put side, it was at the 24,500 strike price.

The overall trend remains sideways to bullish, and the market is expected to remain highly volatile. Investors should hold their positions with a trailing stop-loss. Any dip will be a buying opportunity as the overall trend remains bullish.

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