Nifty:24717.7/-293.2/-1.17%;Candle:OGD,Short day red; Bank Nifty:51350.15/-213.85/-0.41% Candle:OGD,Short day green ; HB:OGD,1658.Long day green,
Nifty :Supp Rest
Banknifty:Supp Rest .
Gift Nifty:% FII Long64%FutCash;-3310;Opt96%
OI data Nifty ( max pain WM)
OI data Bank Nifty Nifty(max pain W M)
News:
Events/Results:
Stocks added to F&O ban: Aditya Birla Capital, Chambal Fertilisers and Chemicals
Stocks retained in F&O ban: Birlasoft, GNFC, Granules India, India Cements, IndiaMART InterMESH, RBL Bank
Stocks removed from F&O ban: Nil
Market wrap up(DWM,T,N,E):The market had a gap-down opening and recorded a loss of more than one percent on August 2, snapping a five-day winning streak. The Nifty 50 failed to sustain the psychological 25,000 mark and closed 293 points down at 24,718 due to global weakness. According to experts, further weakness can’t be ruled out. The immediate support for the index lies around 24,600-24,500, with crucial support at 24,100, while 24,800 is likely to be an immediate hurdle on the higher side. The Nifty 50 has broken down below the 10-day EMA (Exponential Moving Average) and formed a bearish candlestick pattern on the daily charts with higher volumes, while the momentum indicators RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) show a negative crossover.
