Bear's grip retained in the domestic market with Nifty breached 8,500 level led by global trends. At close, the Sensex was down 1,709.58 points or 5.59% at 28,869.51, while Nifty was down 425.55 points or 4.75% at 8,541.50. Overall market breadth was negative as 273 shares are advanced only and 1569 shares are declines and 283 shares remained unchanged. All the sectoral indices ended in the red except Nifty Media. India VIX, which measures the implied volatility of Nifty 50 options, was up by 2.46% at 64.47.
According to weekly option derivative diaries, maximum Call Writing open interest of 3.86 lakh contracts was seen at the 8,600 strike price, which will act as a crucial resistance level for next trading session. However, Put Writing open interest seen at 8,400 strike price with 2.70 lakh contracts, which will act as a strong support.

ame | Previous Close | Today 's Close | % Change |
INDICES |
Nifty50 | 8967.05 | 8541.50 | -4.746 |
Sensex | 30579.09 | 28869.51 | -5.591 |
Auto Nifty | 5803.85 | 5548.70 | -4.396 |
SKY-SCRAPPERS |
ZEEL | 133.10 | 168.00 | 26.221 |
YESBANK | 58.65 | 61.10 | 4.177 |
ITC | 149.15 | 151.45 | 1.542 |
LAGGER |
INDUSINDBK | 604.15 | 455.65 | -24.580 |
INFRATEL | 194.40 | 150.60 | -22.531 |
KOTAKBANK | 1322.70 | 1174.20 | -11.227 |
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