ETMarkets Evening Podcast: What may sway your market next week
Hello! You are listening to ETMarkets Evening Podcast. It's good to have you here with me, as always.
I am Swati Verma. First, the market round-up of the day. And some sharp analyses, straight from those who matter.
Domestic equity markets ended in green on Friday following buying in financials, FMCG, auto and pharma counters.
The benchmark BSE Sensex closed 257 points up at 35,689, while the NSE Nifty index settled 81 points up at 19,822.
More than 30 stocks in the Nifty pack closed in green with Sun Pharma, Bajaj Finance, Bajaj Finserv, Mahindra & Mahindra and Indiabulls Housing Finance rallied up to 4.50 per cent. On the other hand, HPCL, Reliance, UPL, Coal India and Eicher Motors stood among top losers in the Nifty pack.
We have Astha Jain, Senior Research Analyst from Hem Securities to explain which factors supported markets and how it is likely to move from here onwards. Over to you Ms Jain
Byte 1: Astha Jain
Nifty formed a bullish candle on daily charts.
On the option front, maximum Put open interest is at 10700 followed by 10600 strike while maximum Call open interest is at 11000 followed by 10900 strike.
Chandan Taparia from Motilal Oswal Financial Services will share his insights on how Nifty is looking on charts as well as in F&O segment.
Byte 2: Chandan Taparia
Thats all for now folks. Do check out ETMarkets.com for detailed market analysis and come back for our special weekend podcast on Saturday and regular market podcast on Monday. Have a wonderful evening ahead.