Interestingly, after a great performance in Q1 by Angel Broking, the stock hit an upper circuit and this had a rub-off effect on other broking stocks.   

Options data does point out that the 15,900-16,000 is likely to act as a crucial barrier for the index in the near term as nearly 59 lakh shares combinedly have been added in between 15,900-16,000 call strikes.   

The market opened in green on July 16, 2021.

The market opened in green on July 16, 2021, overall volumes in futures & options currently stand at 9,57,63,406 contracts with a turnover of Rs. 93,17,900.34 crore.

The market opened in green on July 16, 2021, overall volumes in futures & options currently stand at 9,57,63,406 contracts with a turnover of Rs. 93,17,900.34 crore.

Arbitrage funds are profitable when market is volatile.

Interestingly, a lot of names have come up from the IT space, which includes large-cap as well as mid and small-cap companies; hence, this sector could be in the limelight in the coming days. 

Sequent Scientific Limited announced that it has got European Union good manufacturing practices (EU GMP) approval, which is considered as the highest recognition available by companies in the pharmaceutical space for its tablets dosage manufacturing line in Turkey.

On the options' front, there is an interesting activity which will comfort the bulls. The 15,900 Put option has seen maximum open interest (OI) addition in today’s session.

G Pradeepkumar CEO, Union Asset Management Company Private Limited