The India VIX ended at 11.20, falling nearly 2% reflecting low volatility expectations - Religare Broking
Market Outlook
Nifty 50 closed at 25,090, registering a positive session with a sharp rebound near the immediate support level of 24,900, aligned with 50-Day EMA. The India VIX ended at 11.20, falling nearly 2% reflecting low volatility expectations. An Advance-Decline Ratio of 1.63 highlights a bullish undertone in the market. On the derivatives front, significant Put writing witnessed at 25,000 and 24,900 emerges as an immediate support level. On the upside, a notable Call OI build-up was observed at 25,200. On the broader view, strong bullish sentiments are there.
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