Nifty index closed at 5284.20 with the loss of 76.50 or -1.43%. The Nifty Sept future finally settles at with a loss 68.65 pts or -1.27% above at 5316.85 and decreased 980400 shares in the open interest. The Nifty future turned to the premium of 32.65 from 24.80 where as cost of carry is 4.90% vs.9.29%. Nifty future has closed at 5316.85 and now next logical resistance is at 5440 and 5590 levels, and good support near 5200 and 4970 levels.

Bank Nifty index closed at 9836.35 with the loss of 80.70 pts or -1.08%. The Bank Nifty Aug future finally settles at loss of 78.30 pts or -0.79% above at 9881.60 and decreased 1429950 shares in the open interest. The Bank Nifty future came to a premium of 45.25 from 42.85 earlier, whereas cost of carry is 6.85 vs 9.55. Bank Nifty future has closed at 9881.60 and now next logical resistance is at 10125 and 10320 levels, and good support near 9550 and 9325 levels.