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Post Market Commentary

·         Nifty slumped 490 points on today marking its biggest crash in history. Due to heavy selling by funds  worries about China’s economy & unsanitary on US Federal Interest rate.

·         Market breadth for the Nifty Index remains weak as the advance decline ratio ended on the negative side today. All Nifty 50 stock has been closed with the red. VEDL was top looser with loss of 14.32% followed by CAIRN &TATASTEEL.

·         In today’s trading session all sector were traded in red mark CNX REALTY sector was top looser lose with -11.68 per cent.

·         The Asian markets were quoting with red mark; China's Shanghai Composite was decline -297.84 points, Hong Kong's Hang-Seng slipped with -1158.05 point, while Japan's Nikkei was down by -895.15 point.

·         European market gave negative opening in today’s tiding session as the impact Asian Market.

Derivative Analysis

·         The Nifty August futures open interest has increased by 25.83 per cent as compare with 13.61 per cent on previous day. Bank Nifty August futures open interest has increases by 1.61 percent as compare with 1.8 per cent on previous day as Nifty market closed at 7809 levels & Bank Nifty marked closed at 16759.15 levels.

·         The Nifty August future closed at a discount of 7 as compare with 15.25 premium points marked on previous days.

·         The September series closed at a premium of 29.45 points as compare with 53 points marked on previous days.

·         The Implied Volatility of at the money options has increases by 64.35 per cent. 

·         Nifty PCR-OI has decline from 1.06 levels to 0.63 levels.

Top 5 Gainers On NSE

Top 5 Losers On NSE

List of Most Actively traded Nifty Call Options

List of Most Actively traded Nifty Put Options

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Interpretation: On the basis of above data,its observed that 7800 may act as strong Support& 8400 may act as strong resistance for Nifty Index. Further moment for the index would be on the positive side.

List of Most Actively traded Stock Call Options

List of Most Actively traded Stock Put Options