Stock Market Review
The Bombay stock Exchange’s Sensex ended the day at 19,992, up 142 points or 0.72% from the previous close. National Stock Exchange’s Nifty pulled the shutters down at 6011, up 50 points or 0.8%.Thanks to positive cues from its global peers, Indian key indices touched their day’s high at the opening itself; Sensex at 20,084 and Nifty at 6029. On the downside, Sensex made the day’s low at 19,917 and the Nifty, at 5980. The 50-stock index has recovered 250 points for the low of 5750 in 4 days.
Nifty F&O Review
The 50-share S&P CNX Nifty settled at 6,011.70, after garnering 50.80 points or 0.85%.Nifty December futures saw an addition of 8.56% or 2.28 million (mn) units, taking the total outstanding open interest (OI) to 28.91 mn units.
In Nifty calls, 6000 strike price (SP) from the December series was the most active call with an addition of 0.02 mn or 0.31%.Among Nifty puts, 5900 SP from the December month expiry was the most active put with an addition of 0.69 mn or 16.12%. The maximum Call OI outstanding was at 6000 SP (6.72 mn) and that for Puts at 5900 SP (5.02 mn).The respective Support and Resistance levels are: Resistance 6,033.93 Pivot Point 6,007.27 Support 5985.03.The Nifty Put Call Ratio (PCR) OI wise stood at 1.30 for December-month contracts.
The 50-share S&P CNX Nifty settled at 6,011.70, after garnering 50.80 points or 0.85%.Nifty December futures saw an addition of 8.56% or 2.28 million (mn) units, taking the total outstanding open interest (OI) to 28.91 mn units.
In Nifty calls, 6000 strike price (SP) from the December series was the most active call with an addition of 0.02 mn or 0.31%.Among Nifty puts, 5900 SP from the December month expiry was the most active put with an addition of 0.69 mn or 16.12%. The maximum Call OI outstanding was at 6000 SP (6.72 mn) and that for Puts at 5900 SP (5.02 mn).The respective Support and Resistance levels are: Resistance 6,033.93 Pivot Point 6,007.27 Support 5985.03.The Nifty Put Call Ratio (PCR) OI wise stood at 1.30 for December-month contracts.
Stock Future tips, Stock Option Tips , Nifty Future Tips - Check Our Stock Tips Page. Or Click to get - FREE STOCK TIPS