Market Update
Nifty 50 is currently testing key intraday resistance around the 22,500 level.
Derivatives data points to strong bullish positioning, with heavy Put writing at the 22,500 strike indicating solid lower-level support and growing confidence among writing bulls. A decisive breakout and sustained hold above 22,500 is likely to trigger short-covering, opening up further upside toward the 22,600–22,650 target zone.
Nifty 50 is currently testing key intraday resistance around the 22,500 level.
Derivatives data points to strong bullish positioning, with heavy Put writing at the 22,500 strike indicating solid lower-level support and growing confidence among writing bulls. A decisive breakout and sustained hold above 22,500 is likely to trigger short-covering, opening up further upside toward the 22,600–22,650 target zone.
🚨 MARKET WATCH: Oct 12–17 Key Events & Earnings 📈📉
🗓️ MON (Oct 12): India CPI Inflation | Earnings: HCL Tech, RBL Bank
🗓️ TUE (Oct 13): US Big Banks Q3 (JPM,GS, WFC) | Tata Elxsi
🗓️ WED (Oct 14): 🔥 US CPI Inflation | India WPI | BHEL, Tata Tech, CEAT
🗓️ THU (Oct 15): US Retail Sales & PPI | Wipro, TechM, Nestle, JioFin
🗓️ FRI (Oct 16): India Trade Balance | Federal Bank, DLF, Oberoi Realty
🗓️ SAT (Oct 17): 🏦 Big Bank Earnings: HDFC Bank, ICICI Bank, Axis Bank
🗓️ MON (Oct 12): India CPI Inflation | Earnings: HCL Tech, RBL Bank
🗓️ TUE (Oct 13): US Big Banks Q3 (JPM,GS, WFC) | Tata Elxsi
🗓️ WED (Oct 14): 🔥 US CPI Inflation | India WPI | BHEL, Tata Tech, CEAT
🗓️ THU (Oct 15): US Retail Sales & PPI | Wipro, TechM, Nestle, JioFin
🗓️ FRI (Oct 16): India Trade Balance | Federal Bank, DLF, Oberoi Realty
🗓️ SAT (Oct 17): 🏦 Big Bank Earnings: HDFC Bank, ICICI Bank, Axis Bank
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Big Breaking 🔥
President Trump says Russia and Ukraine have agreed to an “energy ceasefire” with immediate effect
Next will be the negotiation round for final ceasefire & peace deal...
President Trump says Russia and Ukraine have agreed to an “energy ceasefire” with immediate effect
Next will be the negotiation round for final ceasefire & peace deal...
Market Movers: Top News & Stocks in Focus
👉U.S. lifts sanctions on sale of Russian diesel in global markets
📊Stocks in Focus/Earnings Report
👉 DMART:
Q 2 cons net profit at Rs 7.43B vs Rs 8.61B (YoY)
Q 2 Revenue at Rs 196.44B vs Rs 187.95B (YoY)
👉 ANANDRATHI:
Q 2 cons net profit at Rs 885.9M vs Rs 1.63B (YoY)
Q 2 Revenue at Rs 3.44B vs Rs 3.22B (YoY)
👉U.S. lifts sanctions on sale of Russian diesel in global markets
📊Stocks in Focus/Earnings Report
👉 DMART:
Q 2 cons net profit at Rs 7.43B vs Rs 8.61B (YoY)
Q 2 Revenue at Rs 196.44B vs Rs 187.95B (YoY)
👉 ANANDRATHI:
Q 2 cons net profit at Rs 885.9M vs Rs 1.63B (YoY)
Q 2 Revenue at Rs 3.44B vs Rs 3.22B (YoY)
Key levels - Today's Important Levels
Key NIFTY levels
- If it Breaks above 22,623 then we may see Upside Movement.
- If it Breaks below 22,489 then we may see Downside Movement.
Key BANKNIFTY levels
- above 55,321
- below 54,888
Key SENSEX levels
- above 72,734
- below 71,374
Key CRUDE OIL levels
- above 8,756
- below 8,574
Key NATURAL GAS levels
- above 306.0
- below 303.2
Key NIFTY levels
- If it Breaks above 22,623 then we may see Upside Movement.
- If it Breaks below 22,489 then we may see Downside Movement.
Key BANKNIFTY levels
- above 55,321
- below 54,888
Key SENSEX levels
- above 72,734
- below 71,374
Key CRUDE OIL levels
- above 8,756
- below 8,574
Key NATURAL GAS levels
- above 306.0
- below 303.2