Stock market investment tips today and Tomorrow, intraday nifty and stocks Tips and call 23 oct 2018, Nifty Trading Tips, nifty trend tomorrow, nifty stocks, nifty tips intrans, nifty tips provider, stock market investment for beginners, intraday stock tips, intraday trading intraday stocks watch today, best stocks to buy today and tomorrow, hot stocks to buy now, picks in shares of India 23 oct 2018
---------------------------------------------------------------------------------------------------------
Markets erased all its gains in the final hour of trade with Nifty ending the session 58 points lower at 10,245. Bank Nifty was the best performing index relatively outperforming and managing its hold on to the 25k mark. The index ended 7 points lower at 25,078 led by gains in financial stocks.
However, the stock in focus in today’s trade was Indusind bank which corrected 8% on the back of fresh short positions.
Tracking the derivative data points, both Nifty & Bank Nifty witnessed a rise in open interest (taking Oct and Nov data into consideration) with a fall in the underlying price, indicating a build-up of short positions.
Option writing was witnessed in both out-of-the-money call and put option strikes. All the major strikes from 10300CE to 10500CE witnessed a significant surge in open interest, while 10200PE added 8.28lakh shares acting as the immediate support for the index.
India Vix closed at a multi-month high of 21.35, up 7.92%.
| Nifty | -58 points @10,245 |
| Bank Nifty | -7 points @25,078 |
| Top 2 F&O Gainer | IBULHSGFIN, MUTHOOTFIN |
| Top 2 F&O Loser | INFIBEAM, DHFL |
| Most Active Index Option Contract | |
| Call Option | 10300CE, O.I: ~+7.11lakh shares |
| Put Option | 10200PE, O.I:~+8.28lakh shares |
| Nifty Max O.I Strikes | 10500CE, 10000PE |
0 comments:
Post a Comment