The Indian market is likely to consolidate on Wednesday, following mixed global cues. The Nifty futures closed positive on Tuesday, gaining 0.43% to settle at 24,534 levels. On the options front, the maximum Call Open Interest (OI) is at the 25,000 strike, followed by the 24,500 strike.
F&O Talk: Big break above 23,200 can open doors for 23,500 for Nifty; Sudeep Shah picks 6 stocks ahead of Diwali
Nifty could extend its recovery towards 23,500 if it decisively breaks above the 23,150–23,200 resistance zone, says SBI Securities’ Sudeep Shah. He also shares his
October 31, 2026