Market Today: Nifty today; Unimesh IPO allotment; Mamata, Sanathan listing

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Market Today: Nifty today; Unimesh IPO allotment; Mamata, Sanathan listing - Business Standard

Quick Summary:

Against this, Japan’s Nikkei is up 0.5 per cent, South Korea’s Kospi is down 0.6 per cent, and Australia’s ASX200 added 0.7 per cent.

The sharp increase in call writing from 23,800 to 24,000 signals eroding bullish sentiment, while unwinding in lower-strike puts reflects intensifying bearish pressure.

Formation of small candles side by side signal broader range bound action in the market.