Nifty Outlook for July 1: Higher levels fail to sustain but range remains intact as new series begins

Nifty opened on a positive note but failed to sustain above the 24,000 mark. Selling pressure emerged at higher levels through the day, while expiry-related volatility kept the market range-bound. A tug-of-war between buyers and sellers persisted for most of the session before the index settled near the day’s low.

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