Week Ahead: NIFTY Rests At Crucial Support; Any Close Below This Level May Invite Incremental Weakness

The markets traded with a clear negative bias through the week, witnessing persistent selling pressure and ending the period on a weak note. After attempting to stabilize early in the week, the Nifty gradually drifted lower as selling intensified at higher levels. The index oscillated in a relatively wide range of 24,989.35 – 24,305.40, i.e., 683 points before settling near the lower end of the band. Volatility surged substantially during the week; India VIX jumped 6.18 points (+45.08%), reflecting rising nervousness among market participants. As a result, the Nifty ended the week with a net loss of 728.20 points (-2.89%).