The Indian benchmark indices opened on a flat note at 12047.35 while Sensex is opened at 40952.13. Indian bourse trading with positive biasness and bulls are active for the whole trading session. The market breadth is tilted in the favor of bulls as 869 stocks advance and 471 shares declined. The Nifty December futures open interest down by 3.7% and sheds 5 lakh shares in OI. Nifty put call ratio is 1.53 versus 1.44 across all series. The RSI is trading at 51.91 which indicates no sign of divergence. Among sectors out of 11 indices, 6 are trading under pressure while 5 are trading with positive sentiments. Indian rupee opened lower at 71.29 per dollar against previous close of 71.20.
Niftybank: It is opened on a flat note at 31321.40 and made a high of 31421.55. It is consolidate in the range of 30800 to 32400. Nifty Bank futures open interest down by 9%, sheds 1.4 lakhs shares in open interest.
Jairam Sridharan resigned as Group Executive & CFO of the Axis Bank.
Order received worth of Rs. 621 cr.-NBCC.
Bank of India permitted fresh equity shares through QIP worth of 125 Crore.
Sanjay Wadhwa resigned from the post of CFO of MCX India.