The S&P BSE Sensex rose over 100 points and Nifty50 closed above 18300 on Monday, as the Indian market tracks mixed global cues. The India VIX dropped by 2.78%, which is reassuring for buyers in the marketplace. The weekly maximum call OI is placed at 18300 and then towards 18500 strikes, while the maximum put OI is placed at 18200 and towards 18300 strikes.
Adani’s Cemindia is said to near up to $524 million share sale
Adani Group-backed Cemindia Projects, formerly known as ITD Cementation India, is preparing to launch a qualified institutional placement (QIP) to raise up to Rs 5,000