Technically, the nifty index has confirmed the breakout of Bullish Harami Candlestick pattern on the daily chart that suggests a reversal move in the index. On the derivatives front, the highest call OI is at 18000 strike price followed by 17500 strike prices while on the put side, highest OI is at 17000 strike price followed by 17200 strike prices. On the stock front, EICHERMOTORS, M&M & MARUTI COALINDIA, ADANIPORTS were the top gainers while CIPLA, HINDALCO, NESTLE & TATASTEEL were the prime laggards for the day. BSE Smallcap & Midcap index have contributed 1.2% gains. All the sectoral indices ended at green note, Nifty Auto inched up by 2% followed by Nifty IT, INFRA and ENERGY added more than 1% gains. ![]() ![]() The nifty50 opened gap up and continued the upward trend for the day, gaining by 1.5% to close at 17392.60 levels while Banknifty reported 1.38% gains in a day to settle at 36816.10 levels. The benchmark index extended the rally consecutively for the second day in a row.
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