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2026-06-11 09:40:34 am | Source: Religare Broking Ltd
Daily Derivative Report - 11th June 2026 by Religare Broking Ltd
Daily Derivative Report - 11th June 2026 by Religare Broking Ltd

Market Outlook

The Indian market witnessed a volatile trading session yesterday. The Nifty started on a positive note and extended its gains toward the 23,400 mark during the first half of the day. However, profit booking emerged in the latter half, triggering a sharp decline that dragged the index back toward the 23,200 zone. As a result, the benchmark ended the session with marginal losses. On the derivatives front, fresh call writing was observed at the 23,400 and 23,500 strikes, indicating a critical resistance zone. Meanwhile, substantial put OI at the 23,000 strike continues to provide an immediate downside cushion.

 

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