Sensex Trades Higher After Opening At Record Level
Mumbai, May 27 (IANS) India equity benchmarks opened at record levels on Monday following positive action in global peers.At the opening, Senex an
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Mumbai, May 27 (IANS) India equity benchmarks opened at record levels on Monday following positive action in global peers.At the opening, Senex an
India equity benchmarks opened at record levels on Monday following positive action in global peers.At the opening, Senex and Nifty hit new all-time highs of 75,679 and 23,043 respectively.At 10.20 a.m., Sensex was up 60 points or 0.08 per ...
An analysis of Nifty put options reveals a concentration of Open Interest (OI) at the 22,700 level, implying potential support at this level. On the call side, significant OI concentrations are observed at the 23,200 and 23,500 levels.
Last week, Nifty Bank surged 2 per cent following the announcement by the Reserve Bank of India (RBI) of giving a dividend of Rs 2.11 lakh crore to the government.
The volatility, which reached a two-year high, is likely to remain elevated until the election results, with the Nifty 50 expected to consolidate around the 23,000 mark, experts said.