Sensex Today | Stock Market LIVE Updates: With the index closing below 24,300, the 24,200 level is a very important support on the downside as chartists are citing. The 24,250 Put option has also seen significant open interest addition on Monday, making it a crucial level to what. The Nifty Bank also gave up its entire intraday recovery during CAS, but continues to find buying interest around the 57,000 mark.
Sensex Today | Stock Market LIVE Updates: The Nifty 50 index enters today’s weekly options expiry session on the back of five straight days of losses. In what could be a first since the introduction of the Closing Auction Session (CAS), the Nifty closing levels were lower than what they were when the session began at 3:15 PM. Despite ending lower, the index continues to find support between the 24,250 – 24,300 zone.
With the index closing below 24,300, the 24,200 level is a very important support on the downside as chartists are citing. The 24,250 Put option has also seen significant open interest addition on Monday, making it a crucial level to what. The Nifty Bank also gave up its entire intraday recovery during CAS, but continues to find buying interest around the 57,000 mark.
The end of the results season has resulted in the resumption of block deals and QIPs. Paytm, SPR Auto, Netweb Technologies are those stocks to watch out for. Also keep an eye on crude crossing $90 a barrel and its impact on oil sensitives.
Watch this space for all the LIVE stock market updates.