Page 3 - Inside Bar News Today

A long build-up was seen in 64 stocks including Apollo Tyres, Can Fin Homes, Exide Industries, MRF, and L&T Finance Holdings.

On the sectoral front, the metal index was up 1.3 percent, PSU bank index was up 0.7 percent and auto index was up 0.4 percent, while realty and healthcare indices ended lower

Anand James, Chief Market Strategist at Geojit Financial Services, suggests that the Bank Nifty index could find new leaders as over 50% of its constituents are still above the 50-day moving average. He also believes that the index is due for a bounce back and expects a breakout in the latter part of October. James discusses the prospects for Nifty and HDFC Bank, stating that a recovery attempt may be made but a vertical rise is unlikely. He also provides stock picks for the week ahead, includin...

The S&P BSE Sensex rose more than 300 points while the Nifty50 closed above 19600 levels on Friday.

India VIX was up by 2.61% from 10.90 to 11.18 levels in the previous session. Volatility was slightly on the rise but is still trading at its lower band.

The Option data indicated that on the higher side, the index may face a hurdle at 19,700-19,800 in the immediate term with support remaining at 19,600-19,500 levels

On the weekly options front, the maximum Call OI is placed at 20100 and then towards 20200 strikes while the maximum Put OI is placed at 20000 and then towards 19900 strikes.

The stock rose from Rs 2064 on May 26th, 2023 to Rs 2921 recorded on 28th August 2023 which translates into a rise of over 40% in 3 months. The stock hit a record high of Rs 2935 on 28th August 2023.

The owners of Beshock Ramen are behind Asa Bakery, Bar Kamon, and Sushi Gaga

The negative chart pattern like lower tops and bottoms is active on the daily chart and the market has not shown any decisive upside bounce so far.India VIX was up by 0.99% from 12.12 to 12.24 levels. Volatility rose above 12.5 during the day and has been rising from the last few sessions