Stock Market Report
The Bombay Stock Exchange’s bellwether Sensex closed at 20,551, up 42.07 points, or 0.22% from the previous close, while the National Stock Exchange’s wide based Nifty shut shop at 6,152.70, higher by 18.20 points, or 0.30%.
Nifty Report
The 50-share S&P CNX Nifty finally settled at 6,157.60 after gaining 23.10 points or 0.38%. Nifty January futures saw an addition of 6.28% or 1.22 million (mn) units, taking the total outstanding open interest (OI) to 20.64 mn units. For Nifty calls, 6200 strike price (SP) from the January series was the most active call with an addition of 0.70 mn or 18.32%. Among Nifty puts, 6100 SP from the January month expiry was the most active put with an addition of 0.54 mn or 14.72%. The maximum Call OI outstanding was at 6200 SP (4.52 mn) and that for Puts at 6100 SP (4.21 mn). The respective Support and Resistance levels are: Resistance 6,175.03, Pivot Point 6,161.12 Support 6,143.68. The Nifty Put Call Ratio (PCR) OI wise stood at 1.59 for January-month contracts.
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