๐ Nifty sideways as traders wait for a breakout
Nifty remained range-bound, closing 0.47% lower at 24,252 amid subdued volatility. The index traded between 24,025.65 and 24,360.10 during the week, with India VIX dropping to 11.20 on Friday. Key resistance sits at 24,450โ24,750, while support is held by the 23,900โ24,100 zone. Analysts suggest selective buying is best until a clear directional breakout occurs. PSU banks, IT, and financial services are showing better momentum for the coming week. ๐