Nifty:20070/76.8/0.38%;Candle:OGD,Short day green; Bank Nifty:45909.45/398.1/0.87% Candle:OGD,Short day green ; HB:OGD,Short day green,1644,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long66%FutCash;-1613;Opt100%
OI data Nifty ( max pain W20000M)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
The NSE has added REC to its F&O ban list for September 14, while retaining Delta Corp, Hindustan Copper, Indiabulls Housing Finance, Indian Energy Exchange, India Cements, Manappuram Finance, National Aluminium Company, and SAIL. BHEL, and Chambal Fertilisers and Chemicals have been removed from the list.
Market wrap up(DWM,T,N,E):After a day of consolidation, the market gained momentum with the Nifty50 closing above psychological 20,000 milestone for the first time on September 13. This was largely attributed to the rally in banking stocks. Hence, the bulls seem to be wanting to stay in the game, which can take the Nifty50 to 20,200-20,500 levels in the coming days if the index holds 19,900-19,800 as an immediate support area, experts said. The BSE Sensex rose 246 points to 67,467, while the Nifty50 climbed 77 points to end at a new closing high of 20,070 and formed a bullish candlestick pattern on the daily charts, though stayed within the previous day’s trading range throughout the session . “Notably, it closed above this threshold, marking a historic closing high for the Nifty. The prevailing sentiment remains optimistic, contingent on Put writers safeguarding the 19,900 levels. A drop below 19,900 could unsettle put writers, potentially triggering market corrections,” On the upside, he feels the 20,100-20,150 range is poised to act as resistance. A clear breakthrough above 20,150 might propel the Nifty into a sustained upward trend, he said. The broader markets also rebounded after a day of sharp correction. The Nifty Midcap 100 index gained 0.2 percent and Smallcap 100 index rose 1 percent as the market breadth was positive with 2:1 ratio.
