Indices extended gains with a gain of 130 points in the benchmark BSE Sensex, while Nifty extended gains for the fifth consecutive session in a range-bound trade on Friday as trade in oil and gas, metal and power stocks rose. The BSE index ended 130 points higher at 59,462 while the NSE Nifty ended 0.2% higher at 17,698.
stock market todayKey things to know before the opening bell
global signal
Global equities and the US dollar advanced on Monday despite weaker-than-expected economic data in China that prompted its central bank to cut its lending rate, raising concerns about a global recession.
Shares in Asia edged lower on Tuesday as rising signs of a sharp economic slowdown in global markets supported the dollar and bonds, lowering commodity prices.
SGX Nifty
SGX Nifty indicates a gap-up opening for the Indian stock markets on Tuesday. Singapore Nifty is the Indian Nifty which is traded on the Singapore Stock Exchange and is considered the first sign of the opening of the Indian markets.
nifty technical outlook
,On the weekly chart, Nifty formed a long bull candle, which has been continuous for the past four weeks and is placed at the important overhead resistance of the down trend line. While Nifty is trading higher, there is no sign of any reversal pattern in the smaller to larger time frame chart as of now,” said Nagraj Shetty, Technical Research Analyst, HDFC Securities.
nifty call option data
As per the data shown by nseindia.com on 12th August at 3.30 pm, the major total call open interest was seen at 17800, 17900 and 18000 strikes respectively with the total open interest being 120381, 61656 and 100431 contracts respectively. The 17800 and 18000 strikes saw major call open interest additions, which included 63447 and 43739 contracts respectively. Call unwinding was witnessed at 17400 strike in which 788 contracts were shed.
nifty put option data
As per data shown by nseindia.com on 12th August at 3.30 pm, Major Total Put Open Interest was clocked at 17600 and 17500 strikes respectively, with total open interest of 81044 and 88832 contracts. Major put open interest additions were seen at the 17600, 17500 and 17400 strikes, which included 45063, 27358 and 25788 contracts respectively. The strikes from 17400 to 18000 saw no major putt openings.
fii dii data
Foreign Institutional Investors (FIIs) made net purchases 3,040 crore worth of shares, while domestic institutional investors (DIIs) made net sales As per provisional data available on NSE, shares worth Rs 839 crore as on August 12.
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