Market outlook Jul 02: GIFT Nifty hints muted open; Allied Blenders to list

Quick Summary:

Pre-market: Experts highlight these key levels on the Nifty and Bank Nifty for Tuesday; 3 other SME stocks to debut; What's new on Adani-Hindenburg front?

The call writers, the Bears, (1.62 lakh contracts) lead the put writers (62K contracts) at the 24,200 strike and the option activity at this strike will provide cues about Nifty’s future direction.

Thus, for the short term, the 53,000-53,200 levels will act as a hurdle for Bank Nifty.

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Category: BusinessFinance

Markets: IndiaAustraliaJapan

Topics: FII flows Gift Nifty futures Market technical levels Pre-market analysis Nifty support resistance levels New listings Indian stock markets Pre-market update Equity benchmark indices Adani group Trading strategies Hindenburg Dii buying

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Published On: 2024-07-02 @ 07:26:22 (2 days ago)

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