From the options space, significant Call writing can be seen at ATM strikes with total open interest of more than 1 cr shares at both 17900 and 18000 Call strikes. For the first time during the series, we are witnessing higher Call writing than the Put bases. Hence one can expect some consolidation below 18000 during settlement and fresh up leg might be seen only if Nifty moves above these levels.
Infosys among 5 companies that announced dividends this week
With the Q4 earnings season picking up pace, the companies are also rewarding their shareholders with dividends for the financial year 2024.
April 20, 2024