Nifty closes below 8850

Nifty closes below 8850. Reliance and HCL Tech up by 1%. Axis Bank, ACC and Ambuja fall more than 2%. Nifty’s range for the day is 64.9 points and it closed down by 0.4 % compared to Wednesday’s closing value.

Traded Value (Rs. In Crores)    24624.76
Traded Quantity (in Lakhs)    10769.05
Number of Trades    8805043
Total Market Capitalisation (Rs. Crores)    11025247

ADVANCES    619
DECLINES    998
UNCHANGED    77

In the cash segment Foreign institutional investors (FIIs) were net sellers to the tune of Rs 300 crores and Domestic institutional investors (DIIs) net buyers to the tune of  Rs 496 crores.

In FNO segment, FIIs bought 5,245  contracts of Index Futures and sold 1,889 contracts of Index calls.
They also sold 7,799  contracts of Index puts.
DIIs  are net short by 9,748 (+2,012) in Index Futures contracts.

FII positions in Index puts, futures and calls

Nifty Put Call Ratio (PCR) data shows support at 8800 and resistance at 8900