Post-election results, Nifty 50 futures recovered almost all the initial weekly losses to close at 23325 on Friday (7th June), gaining 1.86% for the day. The major gainers for the day were Mahindra & Mahindra (5.84%), Wipro (5.11%) and Tech Mahindra (4.57%). Volume & OI Analysis: The daily average volume remained relatively high last week … Read more
Nifty futures traded strongly last week as it continued its uptrend it started the previous week. On Friday (24th May, 2024) it traded flat to close at 23019.6. The major gainers for the day were HDFC Bank(1.65%), L&T (1.23%) and Bharti Airtel(1.05%). Volume & OI Analysis: The daily volume in Nifty futures remained low on … Read more
Nifty futures traded strongly last week to recover most of the losses it incurred in the previous week’s fall to close the week at 22543. NSE had a special trading session on Saturday (18th May,2024) but Nifty experienced lackluster volume and closed with a minor gain of 0.21%. Major gainers for the day were Nestle … Read more
Nifty futures last Friday (May 10th,2024) experienced some buying at lower levels to close at 22140, thereby gaining 0.29%. The major gainers for the day were BPCL(4.48%), NTPC(2.73%) and PowerGrid(2.57%). Volume & OI Analysis: The volume for the day stood at 7.16 million, which is lower than the last 10 days’ average. The cumulative open … Read more
Nifty futures last Friday (May 3rd,2024) experienced some selling to close at 22575, thereby losing 0.87%. The major losers for the day were LT(-2.77%), Maruti(-2.45%), and NestleIndia(-2.24%). The volume for the day stood at 10.96 million ( a relatively high volume compared to the last 10 days). The cumulative open interest (COI) stood at 11.72 … Read more
Nifty futures last Friday (April 26th,2024) fell from the highs, to close at 22556, thereby losing 0.06%. The major losers for the day were Bajaj Finance(-7.73%), Bajaj Finserve(-3.52%), and IndusInd Bank(-3.32%). The volume for the day stood at 6.24 million, which was around the average levels of the last 5 days and the daily cumulative … Read more
Nifty futures last Friday (April 19th,2024) recovered from the lows to close at 22128, thereby gaining 0.33%. The major gainers for the day were Bajaj Finance(3.28%), M&M(2.86%) and Maruti(2.47%). The volume for the day stood at 12.25 million, which was higher than the last 5 days’ average and the daily cumulative open interest (COI) stood … Read more
Nifty futures last Friday(12th, April) traded weak to close around 22610, thereby losing 1.03%. The major losers for the day were Sun Pharma(-3.99%), Maruti(-3.2%), and Powergrid(-2.58%). The volume for the day stood at 8.51 Million which was higher than the last 5 days’ average volume. The cumulative open interest(COI) for the day stood at 12.87 … Read more
Nifty futures on Thursday (25th Jan) traded weak to close at 21352.6, thereby losing 0.58%. The major losers for the day were Tech Mahindra(-6.1%), Cipla(-3.37%), and Bharati Airtel(-2.47%). The volume for the day was 7.258, which was around the average levels. The cumulative open interest(COI) was at 15.83 Million, above the 20D average numbers. The … Read more
Nifty on Saturday (20th Jan) lost around 0.31% to close at 21604. The major losers for the day were Hindustan Unilever(-3.76%), TCS(-2.09%), and Mahindra&Mahindra(-2.01%). The volume for the day stood at 3.65 Million, which was the least in the last 20 trading days. The cumulative open interest stood at 15.49 Million, higher than the average … Read more