The Week Ahead: Will Nifty Confirm a Trend Shift?

In the truncated three-day trading week, the markets showed a mild upward bias and managed to end with marginal gains. The Nifty remained within a narrow range, oscillating between 26,104.20 on the higher side and 25,718.20 on the lower, marking a tight 386-point intra-week range. Despite the limited activity, the India VIX dropped slightly by 0.30% to close at 11.59, continuing to reflect complacency and low volatility expectations. The Nifty ended the week with a modest gain of 85.30 points or 0.33%.