Nifty opened flat but closed lower on Thursday. The volatility index India VIX surged. The index formed a red candle on the daily chart, indicating weakness. The 50-weekly SMA at 23,300 is a key support level. A short-term relief rally is possible if the index holds above 23,200. The highest OI on the call side is at 23,350 and 23,400, while on the put side, it’s at 23,350 and 23,300.
Dividend record date: Last chance to buy shares of Godfrey Phillips, IRCTC, other 50 companies for eligibility
Indian investors seeking dividends have a final chance to buy shares. Friday is the record date for eligibility. Godfrey Phillips India leads with a Rs
August 21, 2025