The Nifty 50 ended the week at 24,870, declined nearly 1% and erased additional gains of this week - Religare Broking Ltd

Market Outlook
The Nifty 50 ended the week at 24,870, declined nearly 1% and erased additional gains of this week. The India VIX rose over 3% to 11.72, signalling volatile sessions ahead. For the upcoming monthly expiry, significant Call OI concentration at the 25,000 strike level establishes immediate resistance, while Put OI at 24,800 and 24,700 provides nearby support. A decisive fall below this zone could trigger a further correction toward 24,500, where substantial Put OI build-up is positioned. The Nifty PCR stands at 0.62, with falling prices reflecting stronger call writing activity compared to puts.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330









