Week Ahead: Nifty Remains Under Pressure; Key Support Zone Put to Test

The markets remained under sustained corrective pressure throughout the week and ended lower, as sellers retained control at higher levels. Nifty oscillated in a broad 734-point range as the index touched a high of 23,997.45 and a low of 23,262.55. The volatility component also edged higher; India VIX rose 11.58% to 18.79 on a weekly basis, reflecting growing nervousness and elevated risk perception among market participants. The headline index ended the week with a net loss of 532.65 points (-2.20%).