The Indian stock market indices, Sensex and Nifty 50, traded flat on Tuesday amid mixed global market cues.
The benchmark Sensex was up 109.5 points, or 0.13%, at 83,386.70, while the Nifty 50 traded 4.05 points, or 0.02%, higher at 25,686.80.
In the previous session, Nifty 50 closed 211.65 points, or 0.83%, higher at 25,682.75, and formed a bullish engulfing candle on the daily frame.
Nifty Options Strategy for 24 February 2025 Expiry Recommended Strategy: Bear Put Spread Axis Securities has suggested a Bear Put Spread strategy for Nifty options contracts expiring on 24 February 2025, forecasting a moderately bearish view.
“Traders may consider deploying this spread strategy to achieve moderate returns while maintaining controlled risk and reward,” said Axis Securities.