Nifty 50 Details:
– Index had a gap up opening and witnessed further buying and ended the day in green, closing at 22,957.25, up by 0.56%.
– Resistance is positioned at 23,200, with crucial support at 22,700.
Bank Nifty Details:
– Bank Nifty had a gap up opening and witnessed buying to end in green, closing at 48,866.85, up by 1.67%.
– Resistance is marked at 49,500, with vital support at 47,500.
Midcap and Smallcap Details:
– The Nifty Midcap and Smallcap index underperformed the broader markets and ended with losses of -0.51% and -1.81% respectively.
– Key support levels are 51,000 for Nifty Midcap 100 and 15,800 for Nifty Smallcap 100.
Put Call Ratio (PCR)
– Nifty PCR stands at 0.89, Bank Nifty PCR at 0.73.
– Significant activity in Nifty 23,000 Call and 22,700 Put, Bank Nifty 49,500 Call and 48,000 Put options.
Advance/Decline
Advancing stocks were outnumbered by declining ones, with 695 advancing and 1,779 declining.
FII/DII Activity
Domestic Institutional Investors (DIIs) were net buyers, injecting 6,814.33 crores.
Foreign Institutional Investors (FIIs) were net sellers, offloading -4,920.69 crores.
Sector Trends Details:
Top Gainers: Realty (2.2%), PSU Bank (1.7%) and Private Bank (1.6%)
Top Losers: Pharma (-2.3%), Healthcare (2.1%), Energy (-1.4%) and CPSE (-1.3%)
Stock near 200 EMA
– CUB
– SHREECEM
Market Overview Details:
– Nifty and Bank Nifty had gap up openings and ended the day in green.
– The Midcap and the Smallcap index had flattish openings and underperformed the broader markets to end in red.
– Top gainers include Realty, PSU Bank and Private Bank
