Rahul Sharma suggests focusing on largecaps for alpha generation, while considering smallcaps and midcaps at discounted prices. Nifty s positive trend and sector leaders performance support an optimistic outlook for FY25. Sharma says: "As we have seen in the past, corrections have been bought into and this time also, it does not seem any different."
Mumbai-based JustDeliveries said it aims to deepen its logistics network across regions including Bengaluru, Mumbai, Pune and the national capital region. It will also launch operations in Hyderabad.
On the options front, the maximum Call OI is placed at 22,500 and then towards 22,300 strikes while the maximum Put OI is placed at 22,000 and then towards 21,900 strikes.
Indus Towers price surged 7.58%, and open interest saw an increase of 0.56%. Indian Hotels stock rose 2.72%, and the open interest saw an increase of 20.47%.