On the derivative front, the strike of 19,300 saw the highest addition of put open interest (OI). In contrast, the strike of 19,500 continued to possess the highest call OI, indicating immediate support and resistance.
Citi downgrades US stocks to ‘neutral’ as AI sell-off, regulatory risks mount
Citigroup strategists have downgraded US equities to neutral due to ongoing market volatility and regulatory concerns. This decision follows a significant sell-off that erased $3