Daily_Technical_Report_120826

The benchmark index witnessed a tepid weekly expiry session, particularly after the sharp decline recorded during the first hour of trade. The bulls remained largely on the sidelines, with no meaningful attempt at a retracement throughout the session. Consequently, the Nifty50 concluded the expiry on a weak note, settling below the crucial 24500 zone. The index declined 0.47% during the day, reflecting continued caution and a lack of buying conviction among market participants.