Nifty Breaks Key Support: What Lies Ahead in the Truncated Expiry Week

The markets witnessed a corrective move in a volatile week while ending lower. Nifty trended lower throughout the week and ended on a negative note. The index oscillated in a wide intra-week range of 733 points as it moved between 25,653 and 24,919. India VIX surged sharply by 24.80% to 14.19, indicating a sudden spike in risk perception and uncertainty. Nifty ended the week with a net loss of 645.70 points or -2.51%.