Nifty closed positive at 25549; Bank Index hit new high of 57263 on private bank gains - Religare Broking Ltd

Market Outlook
The Nifty 50 ended the day on a positive note at 25549, while banking index made fresh all time high at 57263 after finding support from private banking gains. The India VIX ended at 12.59. The Advance-Decline Ratio is 5.25, indicating positive trend. On derivatives front, Put OI increased near ATM strikes and highest Call OI builds at 26000 strike indicating fresh longs for upside potential of 25800-26000.
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