The Nifty 50 closed the day at 24750 and settled the week down by 0.41%, traded sideways

2025-06-02 09:14:45 am | Source: Religare Broking

The Nifty 50 closed the day at 24750 and settled the week down by 0.41%, traded sideways - Religare Broking

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Market Outlook

The Nifty 50 closed the day at 24750 and settled the week down by 0.41%, traded sideways. The India VIX ended at 16.07. The Advance-Decline Ratio is 0.16, indicating negative trend. Derivative data indicates a sideways to negative sentiments as we observed shift in Call writing positions from 25000 to 24800, so 24800 will be the immediate hurdle for now and 25000 will be the strong resistance.

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The Nifty 50 closed the day at 24750 and settled the week down by 0.41%, traded sideways - Religare Broking

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