Week Ahead: NIFTY Faces Resistance At These Levels; RRG Indicates Weakening Outpacing Shifts Within Sectors

The markets traded in a relatively narrow range throughout the week, displaying signs of mild consolidation while maintaining a positive bias. After opening slightly lower, Nifty managed to oscillate within a tight 400-point band, moving between 25,048.75 and 25,448.95 before closing the week with modest gains. The India VIX slipped 1.53% over the week to end at 9.97, indicating a continued low-volatility environment. Nifty wrapped up the week with a weekly gain of 213.05 points or 0.85%.