The Nifty 50 opened higher today and even touched a high of 25,079 during the session - Religare Broking

Market Outlook
The Nifty 50 opened higher today and even touched a high of 25,079 during the session. However, it later moved in a narrow range and ended the day slightly lower at 25000. For now 25050- 25100 will act as the immediate resistance. The India VIX ended at 18.02. The Advance-Decline Ratio is 3.54 , indicating positive trend. Derivatives data suggests Sideways sentiments in the market for the coming sessions with significant decrease in Call and Put options OI data.
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