Market Review
BSE Sensex was at 19,719, up 198 points or 0.92% from the previous close. It had earlier been as high as 19,769 and as low as 19,525 after opening at 19,529. The NSE Nifty was up 58 points at 5, 921 after touching a day's high of 5,938 and a day's low of 5,865. It had opened at 5,871.
The 50-share S&P CNX Nifty is trading at 5,925.30, after garnering 62.60 points or 1.07%.Nifty December futures saw an addition of 7.83% or 2.02 million (mn) units, taking the total outstanding open interest (OI) to 27.85 mn units.
Nifty Review
In Nifty calls, 6000 strike price (SP) from the December series was the most active call with an addition of 0.34 mn or 5.21%.Among Nifty puts, 5700 SP from the December month expiry was the most active put with an addition of 0.72 mn or 11.88%. The maximum Call OI outstanding was at 6000 SP (6.89 mn) and that for Puts at 5700 SP (6.85 mn).The respective Support and Resistance levels are: Resistance 5,954.12 Pivot Point 5,909.83 Support 5,881.02. The Nifty Put Call Ratio (PCR) OI wise stood at 1.28 for December-month contracts.
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