Daily Derivative Report - 15th September 2026 by Religare Broking Ltd
Market Outlook
During the last week, the Indian market witnessed broad-based selling pressure across sectors, with the key benchmark Nifty 50 index declining by more than two percent. The banking index, however, staged a recovery during Friday’s session but still ended the week lower by 1.33%. From a technical perspective, Nifty has formed a lower-top, lower-bottom structure on the weekly chart, indicating sustained selling pressure and a continuation of the bearish trend. On the derivatives front, significant call writing at the 23,600 and 23,800 strikes indicates an immediate hurdle at 23,600, while 23,800 remains a stronger upside resistance zone.
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ00017433
.jpg)
.jpg)
