Nifty stays range bound as volatility rises; breakout awaited
The markets traded in a relatively narrow range through the week, exhibiting a mildly consolidative bias with a slight upward tilt, and eventually closed on a positive note. The index oscillated within a defined band of 587.85 points, reflecting a lack of strong directional conviction. Volatility edged higher; the India VIX declined by 6.35% to…
