Short build-up was seen in Power Grid, Exide Industries, IndusInd Bank, GAIL and Glenmark Pharma. Long build-up was seen in NTPC, Adani Enterprises, ICICI Bank, ACC and Polycab. The India VIX, which measures the implied volatility of Nifty50 options, rose 2.2% to 17.71. Further, they bought stock futures worth ₹554 crore and bought stock options worth ₹233 crore.
In the derivatives market, FIIs sold index futures worth ₹1,607 crore and bought index options worth ₹6,353 crore. The Foreign Institutional Investors (FIIs) sold shares worth ₹6,792 crore, while Domestic Institutional Investors (DIIs) bought shares worth ₹5,512 crore in the cash market. On the other hand, 39,900 and 41,000 are the critical levels to watch for the current week. Among banking stocks, IndusInd Bank (-2.4%) and SBI (-0.3%) were the biggest laggards, while IDFC First Bank (+1.2%) and Bank of Baroda (+1.0%) were the biggest gainers.īank Nifty’s options contracts expiring on 2 February have sizable positions at 41,000 and 41,500 call options and 39,500 and 40,000 put options.Īs per options data and OI analysis, the broad range for the Bank Nifty February expiry is between 39,500 and 41,500 levels. The Bank Nifty plunged to 39,400 in the second half of the day, but recovered over 1000 points from the intra-day low to close in the green. On the other hand, 17,300 and 17,900 are the critical levels to watch for the current week.
Nifty50’s options contracts expiring on 2 February have sizable positions at 18,000 and 17,800 call options and 17,500 and 17,300 put options.Īs per options data and OI analysis, the broad range for the Nifty50's February expiry is between 16,800 and 18,500 levels. IT (+1.1%) and PSU Bank (+0.5%) were the top gainers. The next important support is at the 200 DMA, which is located near the 17,300 level.Īmong major sectoral indices, Oil & Gas (-3.5%) and FMCG (-0.6%) declined the most. It is currently trading below its short-term daily moving averages such as the 20, 50 and 100. The index swung 300 points during the day but ended the session with a modest gain of 44 points (0.2%). The technology-heavy Nasdaq Composite fell 1.9%.Īfter two days of sell-off, the Nifty50 index ended a volatile day higher. The Dow Jones snapped its six-day winning streak and settled 0.7% lower, while S&P 500 declined 1.3%. US stocks closed lower as investors remained cautious ahead of the Fed's interest rate decision on Wednesday and the release of quarterly results from tech giants Apple, Amazon and Alphabet. Japan's Nikkei 225 declined 0.1%, while Hong Kong's Hang Seng index advanced 0.7%. The SGX Nifty is trading higher by 60 (+0.3%) points from its previous close, indicating a positive start for the Nifty50 today.
0 kommentar(er)
