Nifty structure remains constructive with volatility easing further

Equity market technicals indicate that bulls continue to maintain control despite recent consolidation in benchmark indices. Analysts noted that the Nifty has held key support zones, while India VIX declined to its lowest closing level, reflecting reduced fear. Sustained moves above the 26,200 level are seen as important for extending upside momentum, with broader market sentiment remaining supportive in the near term.