After steep fall from last nine consecutive day, finally the Indian benchmark indices manage to close in green. At close, Nifty50 closed above 73 points at 11,222.05, while Sensex ended above 227 points at 37,318.53. Overall market breadth turns positive today where 875 stocks were in decline and 897 stocks were in advance and 329 were unchanged on NSE. Among sectoral indies, except Nifty IT that lost more than 1%, rest closed in green territory.
According to weekly option derivatives diaries, maximum Call Unwinding open interest of 4.73 lakh contracts was seen at the 11300 strike price, which will act as a crucial resistance level for tomorrow trading session. However, Put writing open interest seen at 12000 strike price with 5.05 lakh contracts, which will act as a strong support.