– Index had gap down opening following global cues and had volatile session throughout the day, closing at 24,141.30 down by -0.03%. – Resistance is positioned at 24,350, with crucial support at 23,900.
– Bank Nifty had a gap up opening and had volatile session throughout the day, closing at 51876.75, up by 0.61%. – Resistance is marked at 52,400, with vital support at 51,500.
Midcap and Smallcap
– The Nifty Midcap and Small cap had gap down opening and had volatile session throughout the day, closing with losses of -0.88% and -1.20%, respectively. – Key support levels are 55,700 for Nifty Midcap 100 and 18,300 for Nifty Small cap 100.
Put Call Ratio (PCR)
– Nifty PCR stands at 0.73, Bank Nifty PCR at 0.83. – Significant activity in Nifty 24,300 Call and 24,000 Put, Bank Nifty 52,200 Call and 51,600 Put options.
Advance/Decline
Advancing stocks were outnumbered by declining ones, with 732 advancing and 1,730 declining.
FII/DII Activity
– Domestic Institutional Investors (DIIs) were net buyers, injecting 2,026.63 crores. – Foreign Institutional Investors (FIIs) were net sellers, offloading -2,306.88 crores.
Sector Trends
Top gainers: IT (1.3%).Top Losers: Media (-1.3%) and Metal (-1.0%).
Stock near 200 EMA
INOXINDIA
Market Overview
Nifty had a gap down opening and had volatile session throughout the day, ended the day in red. Bank Nifty had a gap down opening and ended the day in green.The Midcap and Small cap index had gap down openings and had volatile session throughout the day, ended the day in red respectively.