The Nifty 50 closed the day at 24752 after a sideways session

2025-05-29 09:24:19 am | Source: Religare Broking

The Nifty 50 closed the day at 24752 after a sideways session - Religare Broking

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Market Outlook

The Nifty 50 closed the day at 24752 after a sideways session. The India VIX ended at 20.8. The Advance-Decline Ratio is 0.38 , indicating negative trend. Derivatives data suggests Sideways to negative sentiments in the market for the coming sessions as we observed OI build up in 25000 Call option for the next expiry, where 24500 will be the strong support to hold as there is strong OI build up at this level.

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The Nifty 50 closed the day at 24752 after a sideways session - Religare Broking

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