None
EN
US policy tantrum may hit market sentiment
['Cherukuri Kutumba Rao']
Andhra Pradesh Breaking News, Telangana News, Hyderabad News Updates, National News, Breaking News
After the recent GST rationalisation steps, there is a growing anticipation of additional policy actions that could support the market.
The Nifty recorded a gain of 0.85 per cent, while the Bank Nifty outperformed with a weekly increase of over 1 per cent.
In the options segment, prominent Call open interest for Nifty was seen at the 25,400 and 25,500 strike, while the notable Put open interest was at the 25,300 and 25,000 strike.
For Bank Nifty, the prominent Call open interest was seen at the 56,000 strike, whereas notable Put open interest was at the 55,000 strike.
Both major indices, Nifty and Bank Nifty, are trading above their long-term exponential moving averages, indicating a sustained bullish trend.
['interest'
'global'
'bank'
'cent'
'nifty'
'markets'
'market'
'hit'
'open'
'policy'
'tantrum'
'week'
'sentiment']