Nifty witnessed a pullback after surging higher for the past 6 trading sessions.
Among the sectoral indices, Nifty Auto and Nifty PSU Bank Index were the top losers, down 3.13% and 2.03% respectively.
Tata Motors was the top loser in the F&O segment, down 18.5% after the company posted a weak set of Q3 numbers which were impacted by an exceptional item of asset impairment of Rs27,838cr.
On the options front call writing was witnessed in out of the money strikes with Nifty 11200CE witnessing an addition of ~4.9 lakh shares.
|Top 2 F&O Gainers:||Reliance Capital, RPOWER|
|Top 2 F&O Losers:||TATA Motors, Union Bank|
|Most Active Index Option Contract:|
|Call Option:||11200CE, O.I: ↑ ~ 4.9 lakh shares|
|Put Option:||11000PE, O.I: ↑~ 5.38 lakh shares|
|Tata Motors||O.I↑30% Price↓18.8% (Fresh Short Positions)|
|Union Bank||O.I↑13.8% Price ↓6.3% ( Fresh Short Positions)|