Nifty settles above 8750

Nifty settles above 8750 after RBI  reduced the repo rate by 25 basis points from 6.5% to 6.25%. Nifty’s range for the day is 47.55 points and it closed up by 0.36 % compared to Monday’s closing value.

Traded Value (Rs. In Crores)    22142.98
Traded Quantity (in Lakhs)    10561.62
Number of Trades    8632226
Total Market Capitalisation (Rs. Crores)    11145461

ADVANCES    941
DECLINES    675
UNCHANGED    79

In the cash segment Foreign institutional investors (FIIs) were net buyers to the tune of Rs 344 crores and Domestic institutional investors (DIIs) net sellers to the tune of  Rs 172 crores.

FII positions in Index puts, futures and calls

Nifty Put Call Ratio (PCR) data shows support at 8700 and resistance at 8800