Nifty spent the week consolidating in a narrow range and ended on a negative note, with the broader technical structure remaining largely unchanged. The index oscillated in a 302-point range between 24,076.85 and 24,378.60, reflecting the continued absence of a directional trigger. Volatility eased further, with India VIX declining 4.64% to 10.68, keeping volatility expectations subdued. Nifty eventually closed at 24,175.65, registering a very mild weekly loss of 76.35 points (- 0.31%).

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