Early rally fizzles, Nifty ends near 22,500; NSE VIX drops below 14 mark
Domestic markets edged higher on Thursday, extending their winning streak to two days. The Nifty climbed above 22,450, but volatility reigned due to weekly options expiry. A strong opening saw fresh all-time highs, with the Nifty 50 index surpassing 22,500 for the first time. However, the market failed to hold these gains, mirroring the mixed signals from global markets. Media, metal and FMCG shares were in demand. On the other hand, oil & gas and banks shares were under pressure.
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