The Nifty 50 ended at 25,056 in a lacklustre session, accompanied by a 1% decline in the volatility index - Religare Broking Ltd

Market Outlook
The Nifty 50 ended at 25,056 in a lacklustre session, accompanied by a 1% decline in the volatility index. Derivatives data reflected fresh Call OI build-up at the 25,100 and 25,200 strikes, indicating sustained downward pressure and limited upside potential. From a technical perspective, the index encountered renewed selling pressure near the 25,150 level, which had earlier acted as a support zone. On the downside, the 25,000 level is expected to serve as a psychological support and the Nifty may exhibits resilience around this mark.
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