Nifty fails to hold 8650

Nifty closed flat for the day after making an intra-day high of 8669.6. It traded higher for major part of the day on account of better PMI numbers. Lack of buying interest and volatility in European indices made Nifty to end flat for the day. Nifty’s range for the day is 55.1 points and it closed marginally up compared to Friday’s closing value.

Traded Value (Rs. In Crores)    20891.56
Traded Quantity (in Lakhs)    10102.74
Number of Trades    8673200
Total Market Capitalisation (Rs. Crores)    11166375

ADVANCES    671
DECLINES    973
UNCHANGED    69

In the cash segment Foreign institutional investors (FIIs) were net sellers to the tune of Rs 124 crores and Domestic institutional investors (DIIs) net buyers to the tune of  Rs 192 crores.

FII positions in Index puts, futures and calls.

In FNO segment, FIIs sold 8,440  contracts of Index Futures and bought 5,539 contracts of Index calls.
They also sold 4,352  contracts of Index puts.
DIIs  are net short by 5,528 (down 278) in Index Futures contracts.

 

Nifty Put Call Ratio (PCR) data shows support at 8600 and resistance at 8700