Finally, the Indian benchmark indices ended on positive note after Indiabulls housing's misappropriation doldrums and mange to close above 11,950 levels, thanks to supportive global cues. At close, Nifty was up 42.90 points at 11,965.60 and Sensex ended up 165.94 points at 39,950.46. Overall market breadth was in favour of bears where 960 stocks were in decline and 808 stocks were in advance and 329 were unchanged on NSE. Among the sectoral indices, buying was seen in Nifty auto, bank, metal, IT and infra, while FMCG ended slightly lower.
According to weekly option derivatives diaries, maximum Call writing open interest of 2.08 lakh contracts was seen at the 12,050 strike price, which will act as a crucial resistance level for tomorrow's trading session. However, Put writing open interest seen at 11,900 strike price with 8.49 lakh contracts, which will act as a strong support.