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2025-05-30 09:14:25 am | Source: Religare Broking
The India VIX ended at 16.42. The Advance-Decline Ratio is 2.77, indicating positive trend -Religare Broking
The India VIX ended at 16.42. The Advance-Decline Ratio is 2.77, indicating positive trend -Religare Broking

Market Outlook

The Nifty 50 closed the day at 24833 on monthly expiry, trading on a volatile note where prices faced pressure in first half but gained momentum in second half. The India VIX ended at 16.42. The Advance-Decline Ratio is 2.77, indicating positive trend. Derivative data indicates a sideways to positive bias in the market over the upcoming sessions. Significant OI build-up has been observed at the 24,800 Put strike, suggesting it may act as a near-term support level. On the upside, the 25,000 Call strike has the highest OI concentration, indicating strong resistance at that level.

 

 

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