Nifty:19996.35/176.4/0.89%;Candle:OGU,Short day green; Bank Nifty:45570.7/414.3/0.92% Candle:OGU,Short day green ; HB:OGU,Short day green,1632,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long60%FutCash;1473;Opt98%
OI data Nifty ( max pain W19900M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added BHEL to its F&O ban list for September 12, while retaining Chambal Fertilisers and Chemicals, Delta Corp, Hindustan Copper, Indiabulls Housing Finance, India Cements, Manappuram Finance, Punjab National Bank and SAIL. Balrampur Chini Mills has been removed from the list.
Market wrap up(DWM,T,N,E):The market started off the week on a strong note, hitting a new and much-awaited 20,000 milestone intraday on the Nifty50 on September 11. Once the Nifty50 closes above the said psychological level and holds the same in coming sessions, then a further upward journey towards 20,100-20,200 in the immediate term is highly possible, provided the index takes the support in the 19,800-19,900 area, experts said. The BSE Sensex rallied 528 points to 67,127, while the Nifty50 climbed 176 points to end at a record closing high of 19,996, continuing the uptrend as well as higher highs formation for the seventh consecutive session. The index has formed a bullish candlestick pattern on the daily charts, after the breakout of the horizontal resistance trendline. “This impressive rally followed a breakout from a descending channel that occurred last week. Looking ahead, the market sentiment is expected to remain upbeat as long as the Nifty stays above the 19,900 level,” On the upside, he feels that one can identify an immediate resistance zone between 20,100 and 20,200. If there is a convincing breakthrough above 20,200, it could pave the way for the Nifty to advance towards the 20,500 mark, he said. The northward journey also continued in broader markets, with the Nifty Midcap 100 and Smallcap 100 indices rising over a percent each, though the fear gauge, the India VIX, climbed 5.26 percent to 11.35 levels, but still below the 12 mark.
