Trade with r0han 📊 Options Trading !

Bank Nifty - 15 Min Chart

The benchmark Sensex and Nifty indices are likely to open on a negative note on February 6 as trends in the GIFT Nifty indicate a lower start for the broader index with a loss of 31.50 points.

The Indian equity benchmarks failed to hold on to the opening gains and ended lower in a volatile session on February 5, as investors awaited the RBI meet outcome for rate cute cues and inflation trajectory.

The Sensex ended 354.21 points or 0.49 percent down at 71,731.42, and the Nifty was down 82.10 points or 0.38 percent at 21,771.70.

The US markets were jittery overnight on news on strong economic data which signalled that the interest rate cuts may not come any time soon.

China's market restrictions, Novartis' M&A bid, Yandex's Russia exit, Estee Lauder's jobs cuts and more

Breaking News 🚨

Massive News at midnight on Exhanges!

HDFC Bank has been granted approval by the RBI to acquire up to 9.50% of the paid-up share capital or voting rights in IndusInd Bank

Nifty 50 21,921.05 +67.25 ( 0.31% ) - Pre Open NSE

Bank Nifty - 15 Min Chart

The market posted solid gains on February 2, with the Nifty hitting a new high of 22,126.80 and the Sensex rallying more than 1,400 points. The benchmarks gave up some of the gains to close off the day's high. The Sensex ended 440.33 points, or 0.61 percent, at 72,085.63, and the Nifty 156.30 points, or 0.72 percent, at 21,853.80.

Trade with r0han 📊 Options Trading ! pinned «Trends in the GIFT Nifty indicate a negative start for the broader index in India, with a loss of 31 points or 0.14 percent.»

Trends in the GIFT Nifty indicate a negative start for the broader index in India, with a loss of 31 points or 0.14 percent.

US stocks ended sharply higher on Friday and the S&P 500 registered an all-time closing high as strong earnings and a blowout January employment report boosted confidence in the economy, even while lowering the likelihood that the Federal Reserve will cut interest rates any time soon.

Stock Market LIVE Updates: US markets gain, Asia trades lower; SBI, Tata Motors, IndiGo in focus

Max Put OI Strike 21000
PCR (Near Month Expiry) 1.181861
Max Call OI Strike 23000
Volume PCR (Near Month Expiry) 1.190939

FII and DII data

Foreign institutional investors (FIIs) net sold shares worth Rs 1,879.58 crore, while domestic institutional investors (DIIs) purchased Rs 872.49 crore worth of stocks on February 1, provisional data from the NSE showed.

Meanwhile, on February 1, the Bank Nifty demonstrated strength and outperformed the benchmark Nifty 50 as the index closed above 46,000 mark on the interim budget day. The banking index rose 192 points to 46,189 and formed Doji kind of candlestick pattern on the daily timeframe.

"The overall undertone remains bullish, with support at 47,800 providing a cushion for the bulls. On the upside, the immediate resistance is positioned at 46,500, and a breakthrough at this level is anticipated to trigger sharp short-covering moves in the market.

The market is expected to remain rangebound in the coming sessions until the Nifty 50 takes out the immediate hurdle of 21,850 on the higher side, while the 21,500 is expected to be a support area. If the index manages to decisively surpass 21,850 (the lower end of opening downside gap of January 17), then the rally towards previous record high can't be ruled out in following sessions.

On February 1, the Interim Budget as well as FOMC meet outcome remained non-event for the market and the benchmark indices ended moderately lower amid volatility. The BSE Sensex was down 107 points at 71,645, while the Nifty 50 fell 28 points to 21,697 and formed bearish candlestick pattern on the daily charts with higher high, higher low formation.

ITC Q3 net profit rises 11% to Rs 5,572 crore

Bajaj Finance Q3 net profit rises 22% to Rs 3,639 crore

Vodafone Idea Q3 net loss narrows to Rs 6,986 crore, revenue flat

Bank Nifty 15 Min TF

The benchmark Sensex and Nifty are likely to open flat on January 30 as trends in the GIFT Nifty indicate a muted start for the broader index with a gain of 17 points.

On Monday, the Indian equity indices erased losses of the previous session and started the (Budget) week on a solid note with the benchmark indices rising nearly 2 percent each on January 29 amid buying across the sectors and heavyweights.

At close, the Sensex was up 1,240.90 points or 1.76 percent to 71,941.57, and the Nifty was up 385.00 points or 1.80 percent to 21,737.60.

A long build-up was seen in 86 stocks, which included Godrej Properties, GAIL India, InterGlobe Aviation, National Aluminium Company and Coal India