Live share market update: Markets soar higher; Nifty Bank just ~1% away from its lifetime high

Nifty and Bank Nifty futures have added fresh long positions since the start of today’s trade as open positions continue to soar higher.

Mar 11, 2019 07:03 IST India Infoline News Service

Indian equity markets are trading with a positive bias as across the board buying in major heavyweights take Nifty & Bank Nifty index ~1% higher. Nifty Midcap50 index outperformed the benchmark index by ~0.6% as the broader markets continue their merry-way. OMC stocks gain upward momentum with HPCL & BPCL adding fresh open interest with a price rise of ~5% & 3% respectively, indicating a continued build-up of long positions.

Nifty and Bank Nifty futures have added fresh long positions since the start of today’s trade as open positions continue to soar higher. On the index options front, call writers run for cover as a big delta move is getting played out in the underlying asset.
 
India Vix is trading flat at 14.88 level.
 
 
Top 2 F&O Gainers: INFIBEAM & IDFC
Top 2 F&O Losers: REC & NALCO
Nifty 106 @11,141
Bank Nifty +263 @28,029
Most Active Index Option Contract (14th March)
Call Option 11100CE, O.I.:~ +4.65 lakh shares
Put Option 11100PE, O.I.:~ +13.58 lakh shares
Nifty Max O.I Strikes (March 14th 2019) 11200CE, 11100PE

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