Bank nifty today- live

Bank Nifty F&O Expiry Day: Bank Nifty Futures and Options (F&O) expiry day has been shifted from Thursday to Friday. The changes will be effective from the trade date of Friday, July 7, 2023; accordingly, all existing contracts with Thursday expiry will be revised to Friday by the end of the day on July 6, 2023. The first Friday expiry will be on July 14, 2023, according to NSE. Benchmark indices, NSE Nifty 50 and BSE Sensex ended flat on Tuesday. “The domestic market experienced profit booking due to selling pressure in the IT sector. IT stocks witnessed a decline in anticipation of further downward revision in spending. However, a rally in auto and banks helped to recover the losses. Going ahead an important influencer will be the commentary on growth and inflation forecasts by the RBI following its MPC meeting given the general consensus that rate pause will continue,” said Vinod Nair, Head of Research at Geojit Financial Services. “I support the new process of expanding trading hours and moving the expiry of F&O contracts to Friday. It will provide customers with more time to trade, assess market conditions, and manage risks effectively before the expiry. On one hand, the market volatility will be in check, and on the other, one will see a stark reduction in weekend risks, both of which bring significant advantages for the traders. Moreover, the increased trading day presents a valuable opportunity for funds and option writers to collect higher premiums and boost deriv...

Stock Market Highlights: Indicating continuation of upside movement in the market after a small dip, Nifty today formed a bullish candle on the daily chart after days of lackluster move. Now it has to hold above 18676 zones to witness an up move towards 18777 and 18888 zones while on the downside support exists at 18636 and 18550 zones, said Chandan Taparia of Motilal Oswal. India VIX was down by 1.16% from 11.24 to 11.11 levels. Volatility cooled off today which comforted the bulls at higher zones. Option data suggests a broader trading range in between 18500 to 18900 zones while an immediate trading range in between 18600 to 18800 zones. “The positive chart pattern like higher tops and bottoms continued on the daily chart. The recent swing low of 18555 could now be considered as a new higher bottom of the sequence. The 10 day EMA has been offering support for the market as per daily timeframe chart,” said Nagaraj Shetti of HDFC Securities. Show more Show less The S&P 500 and Nasdaq notched fresh one-year highs on Tuesday after data showed consumer prices rose modestly in May, boosting hopes that the Federal Reserve could skip raising interest rates at the end of its policy meeting on Wednesday. The Dow Jones Industrial Average rose 44.75 points, or 0.13%, at the open to 34,111.08. The S&P 500 opened higher by 13.68 points, or 0.32%, at 4,352.61, while the Nasdaq Composite climbed 104.60 points, or 0.78%, to 13,566.53 at the opening bell. Indicating continuation of upside...

Note • 10% interest rate is applied while computing implied volatility. • Highlighted options are in-the-money. • Volume and Open Interest, displayed in Contracts. • Use of the NSE website is governed by the Terms of Use (22f and 23). • NSE specifically prohibits usage of the Site for non-commercial purposes, and all Users agree not to Aggregate, copy or duplicate in any manner any of the content or information available from the Site. NSE may investigate and take legal action against violations of these Terms of Use. Note • Highlighted options are in-the-money. • Reference rate of Cross currency pairs is computed by using Reference rate - FBIL for USD-INR and the corresponding exchange rate published by RBI for EUR-INR,GBP-INR, and JPY-INR, as applicable. • Use of the NSE website is governed by the Terms of Use (22f and 23). • NSE specifically prohibits usage of the Site for non-commercial purposes, and all Users agree not to Aggregate, copy or duplicate in any manner any of the content or information available from the Site. NSE may investigate and take legal action against violations of these Terms of Use.