The Nifty 50 closed the day at 24750, ended the weekly expiry on a volatile note

2025-06-06 09:47:08 am | Source: Religare Broking Ltd

The Nifty 50 closed the day at 24750, ended the weekly expiry on a volatile note - Religare Broking

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Market Outlook

The Nifty 50 closed the day at 24750, ended the weekly expiry on a volatile note. The India VIX ended at 15.08. The Advance-Decline Ratio is 1.77, indicating bullish trend. Derivative data indicates a neutral sentiments as we observed Increase in OI build up for both ATM Call and Put options for 12th June expiry, where, 24500 emerges as the strong support and 25000 as strong resistance for now. While June Futures observed long build ups with increase in price along with OI addition.

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The Nifty 50 closed the day at 24750, ended the weekly expiry on a volatile note - Religare Broking

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