2025-07-31 10:27:16 am | Source: Religare Broking Ltd
The Nifty 50 ended at 24,855 with a lacklustre session, ahead of the July monthly expiry - Religare Broking Ltd
Market Outlook
The Nifty 50 ended at 24,855 with a lacklustre session, ahead of the July monthly expiry. India VIX declined by nearly 3% to 11.20, reflecting subdued market volatility. On the derivatives front, major OI build-up present at 24,800 put and 25,000 call, for the upcoming weekly expiry. On the daily chart, Nifty posted gains following the previous day's piercing line candlestick pattern. Index remains in a near-term consolidation phase within the 24,700–25,000 range; any decisive break in this range could trigger a directional rally.
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