Nifty:19133.25/144.1/0.76%;Candle:OGU,Short day green; Bank Nifty:43017.2/316.2/0.74% Candle:OGU,Doji ; HB:OGU,Short day red,1480,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long16%FutCash;-1261;Opt80%
OI data Nifty ( max pain W19100M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Titan Company, InterGlobe Aviation, Zomato, Aditya Birla Capital, Aegis Logistics, Bharat Dynamics, Crompton Greaves Consumer Electricals, Escorts Kubota, Godfrey Phillips India, IDFC, Indigo Paints, JSW Infrastructure, MRF, Shipping Corporation of India, Thermax, TTK Healthcare, UCO Bank, and Whirlpool of India will deliver September quarter earnings on November 3.
State Bank of India, Bank of Baroda, Bank of India, Delhivery, PB Fintech, Affle (India), Data Patterns (India), JK Cement, Metropolis Healthcare, Olectra Greentech, Orchid Pharma, Poly Medicure, Suven Life Sciences, Utkarsh Small Finance Bank, and Zuari Agro Chemicals will announce quarterly earnings on November 4.
The NSE has retained GNFC (Gujarat Narmada Valley Fertilizers and Chemicals) to its F&O ban list for November 3.
Market wrap up(DWM,T,N,E):Bulls were back after easing fears related to FOMC outcome, which turned out to be dovish commentary. Will the bulls’ party continue in the coming sessions? Yes, said experts, provided the Nifty50 holds 19,100-19,000 levels in coming sessions, which can help the index move to 19,200-19,300 area, the crucial resistance area. If the index manages to climb and sustain above the resistance for a few days, then 19,500-19,600 can be possible areas to watch. Till then, the index may remain in the range of 18,900-19,200 zone. On November 2, after a two-day correction, the BSE Sensex advanced 490 points to 64,081, while the Nifty50 rose 144 points to 19,133 and formed small bullish candlestick pattern with upper and lower shadows on the daily timeframe. “The index has an immediate support at 19,100 levels and below that 19,000 levels, whereas 19,200 is an immediate resistance and 19,300 is the next resistance,” “the overall medium-term trend, however, is still negative only; hence traders should hedge and not be over aggressive on the long side in this bounce,” The market breadth also turned positive, pushing the broader markets higher. About five shares advanced against two falling shares on the NSE. The Nifty Midcap 100 and Smallcap 100 indices rallied more than 1.3 percent each. The volatility also cooled down considerably, making the trend favourable for bulls. The fear index, India VIX fell by 8.07 percent to 11.08 levels.
