The highest new open interest (OI) addition was seen at 18,000 for Calls and 17,000 for Puts in weekly and at 18,000 for Calls and 16,000 for Puts in monthly contracts. Hence, 18,000 will act as a crucial resistance level.
Indian markets tumbled on Friday, mirroring global anxieties over the US Federal Reserve’s projected slower rate cuts. Heavy selling in financial and IT stocks pushed
Foreign Portfolio Investors (FPIs) focused on selling financials and oil & gas stocks in 2024, resulting in significant sectoral outflows. Outlook for 2025 suggests moderate
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