The Indian benchmark indices were in positive territory on the first half of the trading session, then on second half it fell like house of cards followed by weak Asian peers like ongoing protests in Hong Kong and Argentina equity market plunge after shock vote. At close, Nifty was down 183.80 points at 10,925.90 while Sensex was down 623.75 points at 36,958.16. Overall market breadth was negative where 1228 stocks were declined and 550 stocks advanced and 327 were unchanged on NSE. The India VIX, which measures the implied volatility of Nifty 50 options, was up 13.61% to 18.002.
According to weekly option derivatives diaries, maximum Call writing open interest of 16.80 lakh contracts was seen at the 11100 strike price, which will act as a crucial resistance level for tomorrow's trading session. However, Put writing open interest seen at 10900 strike price with 1.98 lakh contracts, which will act as a strong support.