Post-Market Analysis 
07-Nov-2024

– Index had gap up opening following global cues and witnessed selling throughout the day, closing at 24,199.35 down by -1.16%.
– Resistance is positioned at 24,000, with crucial support at 24,500.

– Bank Nifty had a gap down opening and witnessed selling throughout the day, closing at 51,916.50, down by -0.77%.
– Resistance is marked at 52,300, with vital support at 51,500.

Midcap and Smallcap

– The Nifty Midcap and Small cap had gap up opening and witnessed selling throughout the day, closing with losses of -0.43% and -0.75%, respectively.
– Key support levels are 55,700 for Nifty Midcap 100 and 18,400 for Nifty Small cap 100.

Put Call Ratio (PCR)

– Nifty PCR stands at 0.65, Bank Nifty PCR at 0.72.
– Significant activity in Nifty 24,400 Call and 23,950 Put, Bank Nifty 52,500 Call and 51,500 Put options.

Advance/Decline

– Advancing stocks were outnumbered by declining ones, with 1,014 advancing and 1,445 declining.

FII/DII Activity

 – Domestic Institutional Investors (DIIs) were net buyers, injecting 1,786.70 crores.
– Foreign Institutional Investors (FIIs) were net sellers, offloading -4,888.77 crores.

Sector Trends

Top Losers: Metal (-2.7%), Commodity (-1.8%), Pharma (-1.7%), Energy (-1.4%), Realty (-1.4%) and Auto (-1.3%).

Stock near 200 EMA

– AAVAS  
– ABB   
– ADANIPOWER  
– ASHOKLEY  
– BIOCON