Last day, the Indian Benchmark Index Nifty opened at 10263, made a low of 10075 and gained 369 points to make a high of 10444 and finally closed at 10389. The index rallied on account of BJP winning the battle of Gujarat Elections after a close competition with Congress.
The Cash Market Benchmark Index Small Cap also moved up by 343 points from its day low of 8280 to make a high of 8623 and finally closed at 8570. Metals and Mining, Infrastructure and Textiles were the top 3 major sectors last day.
Nifty Future is opening gap- up by 30 points against yesterday close of 10404 as indicated by SGX Nifty which is currently trading at 10430.
Sector Performance on 18th Dec
Top performing Smallcap stocks from performing sectors on 18th Dec
Top performing smallcaps
NIFTY OUTLOOK & OPEN INTEREST IN INDEX OPTION
FII & PRO have a combine short position of 274602 contracts in Index Options. However in last 10 days, they have bought 125934 contracts.
Nifty Open Interest
Cash Market Data
In last 10 days, FII and DII in combined have sold stocks worth Rs. 764.93 Crore in cash segment.
Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read andunderstand the Risk Disclosure Documents before trading/Investing
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