• Axis Bank tanks Nifty Bank index

    India Infoline News Service | 16:11 IST, Oct 18,2017

    Interestingly despite Nifty Bank index closing below the support level of 24,500, still 26OCT2017 24500PE remains the maximum open interest strike, consisting mainly of short positions, suggesting an expectation of a recovery in the index by the put writers
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  • Nifty Bank can retest 24500 mark

    India Infoline News Service | 16:20 IST, Oct 17,2017

    Interestingly Nifty Bank 18OCT2017 strikes OTM Call options saw heavy selling while unwinding of short positions was seen in ATM put option strikes, indicating a marginal selling pressure going forward.
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    Indian Oil Corporation (IOC) is the largest oil refinery company in India, with 57.3% shares owned by the Central government. It ...

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