Gold Price, Currency and Equity Markets: All you need to know about
The Nifty continued its upward momentum and closed at lifetime highs led by financials, pharma and select FMCG stocks. On the options front, 13100, 13200 Put holds significant OI that should act as support on the downsides. However, maximum Call OI is at 13500 strike that should be an immediate hurdle on the upsides. Nifty futures ended at a premium of 32 points yesterday while IV remained unchanged. The major Put base is at 13200 strike with almost 36 lakh shares while the major Call base is at the 13500 strike with almost 30 lakh shares.
The dollar-rupee December contract on the NSE was at 74.05 in the last session. The open interest remained almost unchanged for the December series contract: Reuters