Thu Jul 17 03:50:00 UTC 2025: Here’s a summary of the text and a rewritten news article:

**Summary:**

The Nifty 50 experienced moderate gains on July 16th, closing 16 points higher. Technical analysis suggests continued consolidation unless the index breaks key resistance levels. Bank Nifty shows increasing bullish momentum, but needs to break resistance. Options data reveals key resistance and support levels for both indices. Market sentiment is leaning bullish as indicated by the increasing Put-Call Ratio and a low India VIX. Long build-up and unwinding are observed in specific stocks. Several stocks are under the F&O ban list.

**News Article:**

**Indian Markets Tread Water, Hint at Bullish Momentum**

**Mumbai, July 17, 2024** – Indian stock markets saw mixed signals on Tuesday, with the Nifty 50 edging up 16 points. While the market breadth favored buyers, analysts suggest continued consolidation unless the index can decisively breach resistance levels around 25,214 and 25,250. Support lies in the 25,100-25,000 range.

The Bank Nifty, however, paints a more promising picture. Technical indicators point towards increasing bullish momentum, although a break above the downward-sloping resistance trendline is necessary to confirm further gains.

Options data reveals significant call open interest at the 25,500 strike for Nifty, suggesting this level will act as a key resistance in the near term. On the Put side, the 25,000 strike represents a major support level. For the Bank Nifty, the 56,000 strike holds significant Put open interest, potentially acting as a crucial support.

Market sentiment appears to be shifting towards bullishness, as indicated by the rising Put-Call Ratio (PCR) to 0.92. A rising PCR indicates more traders are selling Put options than Call options. The India VIX, a measure of market volatility, continued its downward trajectory, hitting a 15-month low of 11.24, further reinforcing market stability.

Trading activity saw long build-up in 53 stocks, while 50 stocks saw long unwinding. The F&O ban list sees Angel One added, Hindustan Copper retained, and Glenmark Pharma and RBL Bank removed.

Investors are advised to consult with certified experts before making any investment decisions.

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