Market Update: The market trimmed most of its intraday losses to end flat with the Nifty reclaiming its crucial 9,850 mark ahead of derivatives expiry of September series due on Thursday. The markets extended losses in line with Asia and logged sixth straight session of declines, as continued tensions on the Korean Peninsula prompted investors to move into safer assets. North Korea’s foreign minister said on Monday that the United States had declared war on the country and Pyongyang reserved the right to take countermeasures. The Sensex settled the day at 31,599, down 26 points, while the Nifty was ruling at 9,871, down 1 point. OI increase w.r.t increase in price was seen in ICICIBANK and Increase in OI w.r.t Decrease in price was seen in WIPRO. 10000 CALL & 9800 PUT showing the highest Open Interest.
Best Equity Future Tips for Tomorrow (27th September – Wednesday)
BUY BHARATFORG FUTURE ABOVE 1280 TARGETS 1286.7, 1293.4 STOPLOSS 1269.95
BUY OIL FUTURE ABOVE 351 TARGETS 352.85, 354.7 STOPLOSS 348.2
SELL ASIANPAINT FUTURE BELOW 1165 TARGETS 1158.3, 1151.6 STOPLOSS 1175.05