The shares of ADAG Group (Anil Dhirubhai Ambani Group) companies gained after the board of Reliance Power approved preferential issuance of shares & warrants to Reliance Infrastructure.

The stock, trading at Rs 658 per share is at its all-time highs reflecting the positive outlook on the ground for the broking industry.

With rising volatility, the defensives normally are expected to do well. Nifty Pharma recently made a fresh life-high for itself with 7 out of 10 Nifty Pharma constituents trading at fresh all-time highs for themselves. 

The shares of Transformers & Rectifiers (India) Limited were trading in the green on Monday after the company announced that it has been awarded orders for transformers from Gujarat Energy Transmission Corporation Limited (GETCO).  

Adani group stocks have taken a heavy beating on bourses in today’s trade with almost all the group stocks locked in the lower circuit.

Markets are trading volatile after Sensex plunged over 500 points at one point of time in today’s trading session. Thereafter, it recovered almost all its losses and is now trading in green.

On the options front, Nifty 15,700 Put options have seen the addition of 15.57 lakh shares in the open interest. With this, the total open interest in the 15,700 Put option rises to 40.56 lakh shares. On the Call side, Nifty 15,800 Call option has seen maximum addition of open interest in today’s session.   

A ‘golden cross’ is a very well-known and one of the most popular strategies used by the traders’ community. It’s very simple and easy to spot on the charts.   

The market opened in red on June 14, 2021.

The market opened in green on June 14, 2021, overall volumes in futures & options currently stand at 2,38,44,592 contracts with a turnover of Rs. 23,23,417.68 crore.