The benchmark indices settled lower on Friday as investors booked profits in financials such as State Bank of India and auto makers such as Maruti Suzuki India. Negative trend in European and Asian markets also impacted the sentiment. The S&P BSE Sensex ended at 31,138, down 152 points, while the broader Nifty50 settled at 9,574.95, down 55.05 points. In the broader market, the S&P BSE Midcap and the BSE Smallcap indices shed over 1% each. Nifty June 2017 futures closed at 9590.05 on Friday at a premium of 15.10 points over spot closing of 9574.95, while Nifty July 2017 futures ended at 9609.15, at a premium of 34.20 points over spot closing. Nifty June futures saw a contraction of 0.89 million (mn) units, taking the total outstanding open interest (OI) to 19.48 million (mn) units.
Nifty Call Put Tips
Nifty Future & Option Tips For Tuesday (27th June)
BUY IBULHSGFIN FUTURE ABOVE 1109 TARGETS 1114 , 1119 , 1124 STOPLOSS 1099
BUY RELINFRA FUTURE ABOVE 509.65 TARGETS 513.15 , 516.65 , 520.15 STOPLOSS 502.65
SELL APOLLOTYRE FUTURE BELOW 244 TARGETS 242.5 , 241 , 239.5 STOPLOSS 247