Notional.Trade
NOW: --
UPCOMING: Holiday, -

NIFTY 50 Today's Market Analysis: 23-04-2026

NIFTY Spot Price vs. India VIX - 23-04-2026

Note: The numerical data appearing in this post might not be accurate but approximate due to latency and data processing delays. Please refer to your broker platform for precise figures.

NIFTY closed at ~24173.05 (-205.05), high ~24307. VIX moved from ~18.30 to ~18.59 (+0.29). Live Market Dashboard

Intraday Snapshot

MetricStatus
VolatilityLOW
Micro TrendBEARISH
MomentumSTRONG

NIFTY - PCR & Spot

NIFTY PCR vs. Spot - 23-04-2026

PCR peaked at 0.99 mid-morning as NIFTY reached 24,310. Both indicators declined through the afternoon, with PCR ending at 0.84 and ENHANCED PCR hitting 0.81 before close as the spot price fell below 24,160.

NIFTY - OI Flow & Spot

NIFTY OI Flow vs. Spot - 23-04-2026

OI Flow fell to a mid-morning low of -0.0083 as NIFTY spot held near 24,200. The indicator climbed to an early afternoon high of 0.0075 and later settled at -0.0018 before close. NIFTY spot finished the day lower at 24,160.

NIFTY - Order Flow & Spot

NIFTY Buy/Sell Orderflow vs. Spot - 23-04-2026

BUY-SELL % declined from 55% at market open to 45% by noon. NIFTY spot fell from a mid-morning high of 24,310 to an afternoon low of 24,160. The indicator remained below the 50% level during the afternoon, finishing at 48% before close.

Today’s Summary

NIFTY opened at 24225, rose to 24307, then fell to 24156.05, closing at 24158.5, down 66.50 points. The intraday trend was bearish and momentum was strong as the index failed to recover from the morning high.

Watch the 24150 area as a key support level; a close below that would confirm the bearish bias. VIX climbed to 18.54 and ATM straddle fell from 406.3 to 370.25 - if VIX stays above 18.5, the compression in implied volatility gets challenged.

For live data, visit our Market Dashboard. Previous analysis reports are archived at Market Analysis.

Disclaimer

This post is for informational purposes only. It is not investment advice. See our Privacy Policy (including disclaimer) for full terms.