Indian benchmark indices manage to hold above 11K & 37K at today's session led by mixed global trend. At close, Nifty was up 32.70 points at 11,035.70 while Sensex was up 125.37 points at 37,270.82. Overall market breadth was positive where 472 stocks were declined and 1137 stocks advanced and 316 were unchanged on NSE. Among sectoral indices, Nifty Auto and Bank were outperformer closed above 3% each, while Nifty FMCG, IT & Metal were under selling pressure. The India VIX, which measures the implied volatility of Nifty 50 options, was down 2.33% at 15.48.
According to weekly option derivatives diaries, maximum Call writing open interest of 18.71 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 11000 strike price with 25.50 lakh contracts, which will act as a strong support.