Indian equity markets closed flat on Thursday. Nifty50 index closed at 9,857.05 level, marginally up by 4 points, while Sensex had ended at 31,596 level, up by 28 points. Markets are likely to open in the positive territory taking cues from Asian peers.
Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,930. On the way downside, the level of 9,830 is an immediate support level and the next support is seen around 9,770.
On the options front in August series derivatives contracts, maximum put open interest was seen at strike level of 9,800 followed by 9,500 and 9,700 while maximum call open interest stood at 10,000, followed by 10,100 and 9,900.
Nifty50 has resistance placed around the level of 9,900 and the next resistance is placed around the level of 9,930. On the way downside, the level of 9,830 is an immediate support level and the next support is seen around 9,770.
On the options front in August series derivatives contracts, maximum put open interest was seen at strike level of 9,800 followed by 9,500 and 9,700 while maximum call open interest stood at 10,000, followed by 10,100 and 9,900.
Fresh put writing was seen at all strike prices from 9,500 to 9,900, while call writing was witnessed at 9,850 and 10,000 levels. Put-call ratio (PCR) stood at 1.06, signalling bearish sentiments.
Nifty futures of August series ended at premium of 23 points. It had closed at a premium of 10 points in the previous trading session..
Nifty futures of August series ended at premium of 23 points. It had closed at a premium of 10 points in the previous trading session..
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