The short-term trend of Nifty continues to be positive. Having witnessed a decisive upside breakout of 19,900 levels, there is a possibility of continuation of sharp upside momentum for Nifty in the coming sessions. Open Interest (OI) data showed the call side had the highest OI at the 45,000 level, followed by 45,500 strike prices. On the put side, the highest OI was observed at the 44,000 strike price
Euro gains after German fiscal deal; dollar buoyed with US govt shutdown likely averted
The euro gained on Friday after German parties agreed on a fiscal deal that boosts defence spending and infrastructure. The dollar weakened against the euro