Nifty futures market on Tuesdays trading session get closed at 5291.40 with a decline of 68.65 points with a negative bias of (-1.04) percent. Nifty future loses its 590800 shares in open interest, and resulted in a premium of 33.45 from 20.50 whereas cost of carry is 8.23 vs 14.29, down 42.40 percent. On the options front the OI PCR is 1.39 vs 1.48, whereas the Volume PCR at 1.17 vs.1.12. On the Volatility Front the Indian Volatility Index has ended at 24.02 % vs.22.66% gaining 6%.
The Spot Nifty market opened on a weak note on global cues, and get down further on selling pressure in realty, metal and auto shares. The index finally ended 5,257.95. The Nifty Spot market is looking bearish in the coming trading session if it manages to trade below the support level of 5260 else above resistance level of 5335 it would be in an upward trend.
Resistance Levels:- 5335 5380
Support Levels:- 5220 5260