Stock Market Report
The Bombay Stock Exchange’s Sensex closed at 20,025.42, down 3.51 points or 0.02% from the previous close, while the National Stock Exchange’s Nifty shut shop at 5,995.75, lower by 2.35 points or 0.04%.
Nifty Future Report
The 50-share S&P CNX Nifty finally settled at 5,996.00, after falling 2.10 points or 0.04%. Nifty December futures saw an addition of 11.75% or 2.36 million (mn) units, taking the total outstanding open interest (OI) to 22.46 mn units. For Nifty calls, 6000 strike price (SP) from the December series was the most active call with an addition of 0.50 mn or 7.39%. Among Nifty puts, 6000 SP from the December month expiry was the most active put with a contraction of 0.45 mn or 6.23%. The maximum Call OI outstanding was at 6000 SP (7.37 mn) and that for Puts at 6000 SP (7.78 mn). The respective Support and Resistance levels are: Resistance 6,010.52 Pivot Point 5,996.38 Support 5,981.87. The Nifty Put Call Ratio (PCR) OI wise stood at 1.56 for December-month contracts.
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