The India VIX ended at 17.21 - Religare Broking Ltd

Market Outlook
Nifty 50 ended the week up by nearly 1% and settled above 24000 mark after nearly 3 months. The India VIX ended at 17.21. The Advance-Decline Ratio is 0.71, indicating Bearish trend. Derivatives data suggests Sideways to negative sentiments in the market for the next expiry as there is significant increase in ATM Call options while Put options observed a stable OI, potentially signalling a weakening trend or market consolidation.
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