Daily Derivative Report - 05th Jun 2026 by Religare Broking Ltd
Market Outlook
The Indian market witnessed a range bound sessions yesterday, as started the day on the subdued note and continues with the gradual recovery due to positive traction in the banking counters to settle the day with the nominal gains. On the derivative front put writing further intensified on the 23300 strike, suggesting an immediate support; while upside hurdle remain intact near the 23600-23700 zone. Overall, the market is expected to remain in a consolidation phase ahead with the cautiously optimistic bias as long as the immediate levels remain intact on the both side.

Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
