On the auspicious day of Diwali, markets opened for Muhurat Trading and the benchmark index rallied over 150 points to settle at 17730 levels.
Global Market Update
News highlights from across the globe
Important news updates from the domestic front
Derivatives Overview & Outlook
Yesterday, both Nifty and Banknifty futures shed around 2% & 1% of open interest respectively as short covering.
Majority of F&O sectors settled higher. Amongst them, Banking, Realty and Textile stocks witnessed maximum addition of long positions whereas some short buildup was seen among Metal stocks.
On options front, put writing was seen at multiple strikes along with call buying (unwinding by writers) at 17600 strikes and maximum positions are at 18000 CE and 17000 PE followed by 17500 PE.
FII & DII Trading Activity
Last week, FIIs bought stocks worth Rs 2419 Cr in the cash segment, bought stocks futures worth Rs 1405 Cr and also bought index futures worth Rs 4907 Cr. DIIs were net buyers in the cash segment to the tune of Rs 3569 Cr during the week.
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Globe Commodities Limited, Globe Derivatives and Securities Limited & Globe Fincap Limited are subsidiaries of GCML. Rolex Finvest Private Limited, A to Z Consultants Private Limited, A to Z Venture Capital Limited, M. Agarwal Stock Brokers Private Limited, A M Share Brokers Private Limited, Shri Adinath Advertising Company Pvt. Ltd., Orient Landbase Private Limited, Bolt Synthetic Private Limited, Price ponder Private Limited and Lakshya Impex Private Limited are associates of GCML. Globe Comex International DMCC is step down subsidiary of GCML.
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