Indices: Stock market update: Nifty Bank index falls 0.87%
The Nifty Bank index closed 0.87 per cent down at 47069.45.
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The Nifty Bank index closed 0.87 per cent down at 47069.45.
Nifty 50 is in the process of retracing the rise it has witnessed from 22,710 to 22,776. The next crucial support level is 22,370. On the upside, 22,620–22,650 shall act as an immediate hurdle from a short-term perspective, said Jatin Gedia of Sharekhan.
Open Interest (OI) data showed the call side exhibited the highest OI at 23,000, followed by the 22,900 strike prices, while the highest OI on the put side was observed at 22,700 strike price.
The 30-share BSE Sensex closed up 354.45 points at 75038.15
A total of 28,154 shares changed hands on the counter till 12:12PM (IST)