The Nifty 50 closed at 24,722, registering a positive session - Religare Broking Ltd
Market Outlook
The Nifty 50 closed at 24,722, registering a positive session. India VIX settled at 11.97, signaling some market volatility. On the derivatives front, significant OI build-up at the 24,600 and 24,500 Put strikes signals strong support, while the 25,000 acts as an immediate hurdle. On the daily chart, a bullish Harami candlestick pattern has emerged, suggesting potential upside momentum. However, strong bullish sentiments are there only if the index witnesses a breakout above 25,000 and sustains above this level.
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Quote on Market 16th December 2025 from Vinod Nair, Head of Research, Geojit Investments Lim...
