Nifty's breathtaking climb and sudden dip: What's subsequent?

The previous week noticed important volatility within the markets, marking a brand new lifetime excessive earlier than dealing with corrective pressures. Regardless of sustaining upward momentum and surpassing the 25,000 mark, the markets in the end succumbed to corrective pressures, closing with a web weekly lack of 117.15 factors (-0.47%). Technically, the markets stay weak to profit-taking from increased ranges and are considerably deviated from their imply, indicating potential for a corrective transfer. Volatility spiked with the INDIA VIX rising by 16.92%.