Nifty Seesaws, Ends Flat Near Day’s Low, Levels to Watch
Nifty Futures Chart
Nifty opened higher but failed to sustain the morning momentum, leading to a closing at the day’s low due to profit booking. However, the sentiment remained positive for the short term as the index closed above the crucial resistance level of 22,200, with the next resistance seen at 22,400. Short-term support is positioned at 21,900. As long as Nifty maintains levels above 21,900, the index may continue to be considered a buy on dips.
Nifty index were Bajaj Finserve (up 1.51%), SBI Life Insurance Company (up 1.29%), Dr Reddys Laboratories (up 1.23%), Titan Company (up 1.09%), and HDFC Life Insurance Company (up 1.05%). On the other hand, the top losers in the Nifty index were Bharat Petroleum Corporation (down 1.27%), HCL Technologies (down 1.22%), Maruti Suzuki India (down 1.05%), Asian Paints (down 1.04%), and JSW Steel (down 0.92%).
Nifty Options CE Chart
Nifty Options PE Chart
Top Nifty Gainers
Top Nifty gainers were Bajaj Finserv, SBI Life, HDFC Life, Titan & Dr.Ready.
Top Nifty Losers
Top Nifty losers were BPCL, HCL Tech, Maruti Suzuki, Asian Paint & JSW Steel.
Bulls Charge, Bears Battered: Bank Nifty Stages Epic Rebound
Bank Nifty Futures Chart
Bank nifty ended at 46919.8, reaching an intraday high of 47245.35 and a low of 46723.15. The performance of the bank nifty over different time periods is as follows: 0.94% in the last 1 week, 4.01% in the last 1 month, 7.44% in the last 3 months, 5.26% in the last 6 months, and 17.05% in the last 1 year.
Bank Nifty Options CE Chart
Bank Nifty Options PE Chart
Top Bank Nifty Gainers
Top Bank Nifty Gainers were Bandhan Bank, IDFC First Bank & Au Bank.
Top Bank Nifty Losers
Top Bank Nifty losers were HDFC Bank, ICICI Bank, Kotak Bank, Axis Bank & IndusInd Bank.
