Nifty 50 holds above 24,000 level on June 29

The Indian benchmark Nifty 50 recovered nearly 100 points from its daily low to trade around 24,105, holding tightly above its crucial psychological floor of 24,000. Despite a cautious opening triggered by geopolitical strains in West Asia, a low India VIX level of 13.44 kept the overall structural market setup positive ahead of tomorrow's major triple derivatives contract expiry.

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