Nifty Index Consolidates in Narrow Range Amid Selective Buying

Nifty weekly outlook: Nifty trapped in 23,900-24,750 range; fresh buying should remain selective

Nifty ended the week lower after consolidating in a narrow range, with the broader technical structure remaining unchanged. The index moved between 24,076.85 and 24,378.60, while India VIX declined 4.64% to 10.68. Support remains at 23,900–24,000, while a cluster of moving averages continues to cap upside in the 24,400–24,750 zone.