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Nifty 23/03/2020 

After lock down in India's capital due to rapidly spreading corona virus pandemic has pushed investors to continue sell equities in Indian market. As of Sunday, India had registered 341 cases of corona virus, with seven deaths that pushed the domestic currency to hit a fresh record low of 76.05 against the dollar. At close, Sensex ended 3,934.72 points or 13.15 percent in the red at 25981.24, and the Nifty plunged 1,135.20 points or 12.98 percent at 7610.25. Overall market was negative as 129 shares are advanced only and 1703 shares are declines and 292 shares remained unchanged. India VIX, which measures the implied volatility of Nifty 50 options, was up by 6.64% at 71.56.
According to weekly option derivative diaries, maximum Call Writing open interest of 3.08 lakh contracts was seen at the 7,800 strike price, which will act as a crucial resistance level for next trading session. However, Put Writing open interest seen at 7,500 strike price with 10.28 lakh contracts, which will act as a strong support.
LAGGER
AXISBANK428.15310.00-27.595
BAJAJFINSV6233.054520.00-27.483
INDUSINDBK440.35335.00-23.924

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