Derivatives Analysis as on August 06, 2014
08/07/2014

On Tuesday market Nifty Index opened Gap up +23.00 points at 7706.65 in positive

Online PR News – 07-August-2014 – Indore – India Indices - On Tuesday market Nifty Index opened Gap up +23.00 points at 7706.65 in positive from the previous day closing at 7683.65 and closed in positive at 7746.55. Due to RBI’s Policy we saw hyper movement in Nifty, In the morning session we saw selling pressure in Nifty and near 12 o’clock Nifty index traded with the day low of 7638.05 but after morning session Nifty recovered and near the closing of the market Nifty Index made a day high of 7752.45 and closed positive at 7683.65 with +0.82%, +62.90 points up. And the full day Nifty Index traded between 7752.45-7638.05.

At the end of the day Nifty futures Gained +0.70%, +53.65 points up to close at 7771.85 from the previous day closing at 7718.20 with premium of 25.30 points and percent change in open interest of +7.27%.

Bank Nifty - Bank Nifty index opened Gap up at 15283.60 with +41.25 points up from the previous day closing at 15242.35. At the opening Bank Index opened up but due to RBI’s Policy we saw much movement in Bank Index and near 12 o’clock Bank Index made a day low of 15105.90 till the closing of the market Bank Index recovered and traded with the day high of 15343.50 and closed in positive at 15293.25 with +0.33%, +50.90 points up, and the full day Bank Nifty Index traded between 15343.50 -15105.90.

At the end of the market day Bank Nifty futures Gained +0.29%, +43.95 points up to close at 15387.00 from the previous day closing at 15343.05 with the daily premium of +93.75 points and percent change in open interest of +2.82%.