Nifty weekly outlook: Nifty trapped in 23,900-24,750 range; fresh buying should remain selective

Nifty ended the week lower after consolidating in a narrow range between 24,076.85 and 24,378.60. The index closed at 24,175.65, a loss of 76.35 points. India VIX fell 4.64% to 10.68. Experts said the index remains trapped between 23,900 and 24,750, so traders should keep fresh buying very selective.