The Nifty 50 closed the day at 24716 and started the week on a negative note - Religare Broking

Market Outlook
The Nifty 50 closed the day at 24716 and started the week on a negative note. The India VIX ended at 17.15. The Advance-Decline Ratio is 0.58, indicating negative trend. Derivative data indicates a sideways to positive sentiments as we observed Increase in Put OI at lower levels while ITM Put options saw decrease in OI, suggesting short covering.
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