Nifty:25415.8/38.25/0.15%;Candle:OGU,Short day red; Bank Nifty:53037.6/287.2/0.54% Candle:Short day green; HB:OGU.Short day green
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long68%FutCash;-2547;Opt100%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Chambal Fertilisers and Chemicals, NALCO, SAIL
Stocks retained in F&O ban: Aarti Industries, Biocon, Birlasoft, GNFC, Granules India, LIC Housing Finance, Oracle Financial Services Software, Punjab National Bank, RBL Bank
Stocks removed from F&O ban: Balrampur Chini Mills
Market wrap up(DWM,T,N,E):The benchmark indices reacted positively to the 50 bps cut in the federal funds rate, with the Nifty 50 rising 235 points to over 25,600 intraday. However, it could not sustain all of those gains due to profit booking, ending with a 38-point gain at 25,416 on September 19. The index failed to sustain above the upward-sloping resistance trendline, which is crucial for a further upward move towards 25,600. Until then, it may consolidate with support at 25,300, according to experts. The Nifty 50 formed a bearish candlestick pattern with a long upper shadow on the daily charts, indicating profit booking at higher levels. However, it remained above all key moving averages, with a positive bias in momentum indicators such as the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence).
