NIFTY Index Chart Analysis

Despite Panic, Nifty Defends the Crucial 100-Week Moving Average

In the last fortnight, equity markets witnessed wild swings as the tariff war escalated—volatility reminiscent of seminal events like the COVID-19 pandemic and the Global Financial Crisis (GFC). Just last week, market volatility spiked sharply, with the India VIX surging by 46.18 per cent to 20.11 on a weekly basis. This heightened volatility caused the Nifty to oscillate within a wide range of 1,180.25 points. Despite these turbulent moves, the benchmark Nifty 50 ended the truncated week with only a marginal loss of 75.90 points (-0.33 per cent).