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2026-10-15 09:47:00 am | Source: Religare Broking Ltd
Daily Derivative Report - 15th October 2026 by Religare Broking Ltd
Daily Derivative Report - 15th October 2026 by Religare Broking Ltd

Market Outlook

The Indian market witnessed range-bound trading in the previous session, where the Nifty50 index started the day on a muted note and traded within a narrow range before witnessing selling pressure in the second half, which dragged the index lower towards the 22,550 zone, and the index eventually settled with a net decline of nearly half a percent. On the derivatives front, fresh call writing was witnessed at the 22,700 and 22,800 strikes, indicating an immediate overhead resistance zone, while major put buildup at the 22,500 strike suggested a crucial and immediate support zone.

 

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