Daily Derivative Report - 08th October 2026 by Religare Broking Ltd
Market Outlook
The Indian market witnessed a negative session yesterday after two consecutive days of gains, as the key benchmark Nifty50 index settled near the 22,600 zone with a net decline of 0.76% amid volatile intraday swings. On the derivatives front, fresh call writing intensified at the 22,700 and 22,800 strikes, indicating an immediate overhead resistance zone. On the downside, put writing emerged at 22,600, while the major put writing remained aligned with 22,500, suggesting a crucial near-term support zone. Overall, the market continues to maintain a cautious undertone, with the recent recovery facing profit-taking at higher levels.
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