The Nifty closed lower on a negative note, breaking below its 200-day EMA support. The volatility index India VIX surged, indicating increased market volatility. The short-term trend is bearish, with support at 23,300 and resistance at 23,600. The highest OI on the call side is at 23,500 and 23,600, while on the put side, it’s at 23,400 and 23,300.
Q4 results today: Hindalco among 145 companies to announce earnings on Tuesday
Hindalco Industries is expected to announce its Q4FY25 earnings, with brokerages predicting a net profit growth between 25% and 55%. Revenue could rise by 4%
May 20, 2025