The market opened in red on January 05, 2021, overall volumes in futures & options currently stand at 2,72,45,492 contracts with a turnover of Rs. 24,11,220.96 crore.

The market opened in red on January 05, 2021.

The market opened in red on January 05, 2021, overall volumes in futures & options currently stand at 2,72,45,492 contracts with a turnover of Rs. 24,11,220.96 crore.

The equity market has gained by more than 25 per cent in the last three months while RIL lost 17 per cent of the market cap during the same period. Read onto know more about the MF schemes that are selling and buying the company’s share. 

The company will also carry out the maintenance of entire project stretch design length of 109.27 km for 7 years in the state of Tamil Nadu on engineering, procurement & construction (EPC) mode.

Bharat Electronics Limited forms an inverted head & shoulders chart pattern in the downtrend. Read on to find out more. 

Currently, the stock has given an ascending triangle pattern breakout on the daily timeframe. This breakout is confirmed by the above 50-day average volume. The ascending triangle is a bullish formation that usually forms during an uptrend as a continuation pattern.

For January series, the highest call open interest is at 700 strikes with 17,28,900 OI. On the put side, the highest put open interest is at 650 strikes with 25,50,000 OI. Today, the highest addition in the open interest was seen at 770 calls of January expiry with 11,74,700 OI while on the put side, 650 puts have seen the highest addition in the open interest with 25,50,000 OI. 

The derivatives data is also suggesting a long build-up in the stock. On Monday, January series stock future saw 3,72,000 addition of open interest, which is 27.33 per cent addition in the open interest. It indicates that there is a long build-up in the market.

On Monday, the markets continued to touch record highs as Sensex gained by 307.82 points or by 0.64 per cent to settle at 48,176.80 levels while Nifty was up by 114.40 points or by 0.82 per cent closing at 14,132.90. In spite of a volatile trading session, Sensex managed to recover by nearly 582 points from the day’s low of 47,594.47