2026-10-14 09:50:55 am | Source: Religare Broking Ltd
Daily Derivative Report - 14th October 2026 by Religare Broking Ltd
Market Outlook
The Indian market witnessed a strong recovery on the weekly expiry day, with the Nifty 50 opening on a muted note but maintaining a bullish bias throughout most of the session. The index finally settled with gains of more than one and a half percent. The banking index also mirrored the broader market strength and advanced by 1.03%. On the derivatives front, fresh put writing was observed at the 22,600 and 22,500 strikes, indicating immediate support zones. As long as the Nifty sustains above these levels, the recovery could extend towards the 22,900-23,000 zone in the coming sessions.
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