Stocks retained in F&O ban: Aditya Birla Fashion & Retail, Bandhan Bank, Can Fin Homes, Dixon Technologies, IndiaMART InterMESH, L&T Finance, Manappuram Finance, Mahanagar Gas, Punjab National Bank
Stocks removed from F&O ban: RBL Bank
Market wrap up(DWM,T,N,E):The Nifty 50 extended gains amid range-bound trade, rising 0.2 percent on January 23, but has still been broadly moving in the range of 23,000-23,400 since last week. The overall sentiment remains bearish, with a continuation of lower tops and lower bottoms on the daily charts, and the index is trading below all key moving averages. Hence, the consolidation may persist until the index gives a strong close above 23,400, with support at 23,000. A break of this support could drag it down toward the 22,800 level, according to experts. The Nifty 50 formed a bullish candlestick pattern with a minor upper shadow on the daily charts, still holding onto the downward-sloping support trendline. However, it remained below all key moving averages (10, 20, 50, 100, and 200-day EMAs), with a negative bias in the momentum indicators, signaling a weak bias. The Bank Nifty underperformed the benchmark Nifty 50, falling 0.3 percent, and formed a bearish candlestick pattern on the daily timeframe. It is sustaining below all key moving averages and in the lower band of the Bollinger Bands, signaling weakness. The momentum indicators also show a negative trend.
