Nifty’s short-term trend remains negative, with support at 22,700-22,650 levels (38.2% Fibonacci retracement) and resistance at 23,000, according to Nagaraj Shetti of HDFC Securities. Open interest data shows the highest call OI at 23,000 and 22,900 strike prices, while the highest put OI is at 22,800. These levels indicate crucial points for market movement.
7 stocks where DIIs are trimming their stakes in March quarter
Declining DII shareholding across Nifty 500 stocks signals cautious sentiment, with investors trimming exposure in firms like Bank of India and Hindustan Petroleum Corporation amid
April 15, 2026