Post-Market Analysis 
12-Nov-2024

1. Index had a gap up opening but witnessed continuous selling throughout the day, closing at 23,883.45, down by -1.07%.2. Resistance is positioned at 24,100, with crucial support at 23,650

 1. Bank Nifty had a gap up opening but was weak for the session, closing at 51,157.8, down by -1.39%.2. Resistance is marked at 51,500, with vital support at 50,600.

Midcap Smallcap

1. The Nifty Midcap and Smallcap indices had gap up openings but witnessed selling at higher levels, closing with losses of -1.07% and -1.28%, respectively.2. Key support levels are 54,800 for Nifty Midcap 100 and 17,700 for Nifty Smallcap 100.

Put Call Ratio (PCR)

1. Nifty PCR stands at 0.52, Bank Nifty PCR at 0.55.2. Significant activity in Nifty 24,000 Call and 23,500 Put, Bank Nifty 51,500 Call and 50,500 Put options.

Advance/Decline

Advancing stocks were outnumbered by declining ones, with 618 advancing and 1,828 declining.

FII/DII Activity

Domestic Institutional Investors (DIIs) were net buyers, injecting 1,854.46 crores.Foreign Institutional Investors (FIIs) were net sellers, offloading -3,024.31 crores.

Sector Trends

Top Losers: PSE (-2.4%), Auto (-1.9%), PSB (-1.9%), FMCG (-1.6%), Energy (-1.4%), Metal (-1.5%) and Consumption (-1.3%).

Stock near 200 EMA

– ELECON  
– GLAND  
– SOBHA

Market Overview

– Nifty had a gap up opening but selling at higher levels saw it end the day in red. Bank Nifty had a gap up opening but ended the day in red.– The Midcap index and the Smallcap index had gap up openings but ended the day in red.