Going by the derivatives data, there is a high accumulation of the OI near 19800-19900 levels. Going by this data, one can expect the markets to find stiff resistance near that zone over the coming days even if the current uptrend is to extend itself.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large