Week Ahead: Nifty Avoids a Structural Breakdown; Recovery Faces Its Next Technical Test

Indian equity markets staged a strong recovery during the week, reversing some of the weakness seen in previous weeks. The Nifty began the week on a positive note and extended its recovery, although the broader technical setup remained challenging. The Index traded in a range of 861.40 points. Weekly volatility cooled by 2.23% to 14.06. The headline Index eventually ended the week with a net gain of 625.70 points (+2.78%).