Week Ahead: 4-Day Truncated Week May See NIFTY Staying In Wide, But Defined Range

The markets remained under sustained pressure through the week and trended lower, ending on a negative note. After attempting a mild recovery early on, the Nifty faced selling at higher levels and gradually drifted lower. It traded in a relatively wide range of 788 points, oscillating between 24,601.70 and 23,813.65. Volatility spiked notably, with India VIX rising by 14.57% to 19.71, reflecting increased nervousness among market participants. The headline index eventually closed the week with a net loss of  455.60 points (-1.87%).