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Market wrapEconomic Times

Nifty gains 114 points, tests 25,550 resistance

Positive+9

GreyOak summary

Indian equity markets ended the week with a net gain of 113.95 points, with the Nifty 50 rising 0.46% to 25,550. The index consolidated within a 585-point range after a prior rally of over 1,900 points, while volatility cooled as India VIX declined 4.87%. Technical indicators remain bullish, though the index faces immediate resistance at 25,425 and 25,550 levels.

What it affects

  • NIFTY 50Positive +9

    Gained 114 points to 25,550 resistance.Rolling sentiment Positive +38

Source

Read the original at Economic Times

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