Nifty:19281.75/-260.9/-1.34%;Candle:OF.Long day red; Bank Nifty:43151.2/-571.85/-1.31% Candle:OGU,Long day red ; HB:1508,OGU,Short day red,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long26%FutCash;252;Opt88%
OI data Nifty ( max pain W19400M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:Axis Bank, Tech Mahindra, Indus Towers, Chalet Hotels, CMS Info Systems, Chennai Petroleum Corporation, Dreamfolks Services, Gulf Oil Lubricants India, Jubilant FoodWorks, Lakshmi Machine Works, Network18 Media & Investments, Rallis India, Asahi Songwon Colors, Aurionpro Solutions, Sona BLW Precision Forgings, Sonata Software, Star Housing Finance, TV18 Broadcast, and Welspun India will be in focus ahead of quarterly earnings on October 25.
The NSE has added RBL Bank to its F&O ban list for October 25, while Indiabulls Housing Finance has been removed from the list.
Market wrap up(DWM,T,N,E):The Nifty has broken below the immediate supports of 19,480 and 19,330 levels in one session. The weekly crucial support of 20-week EMA has been broken on the lower side at 19,340 levels,” On October 23, the Sensex tanked 826 points or 1.26 percent to 64,572 and the Nifty plunged 261 points or 1.34 percent to 19,282 on the escalation in the Israel-Hamas war and rising US bond yields. With the Nifty slipping below the 19,300 mark, the crucial support for the current month, and weak market breadth, the bears seem firmly in control. The index, which formed a long bearish candlestick on the daily charts, is close to the August low of 19,224. If the Nifty slips below it, it can slide to 19,000, followed by 200-day EMA (exponential moving average placed at 18,825), experts said. On the higher side, 19,500-19,600 is expected to be a hurdle, Shetti said.
