2026-06-24 09:13:40 am | Source: Religare Broking Ltd
Daily Derivative Report - 24th June 2026 by Religare Broking Ltd
Market Outlook
The Indian market witnessed a profit-booking session, as continued selling pressure near the 100-DEMA zone triggered extended weakness in the benchmark Nifty50 index. Consequently, the index declined towards the 23,800 mark and settled the day with losses of more than 1%.On the derivatives front, the monthly expiry data indicated fresh call writing at the 24,000 strike, suggesting an immediate upside hurdle. Meanwhile, significant put OI has aligned with the 23,500 strike, indicating a firm downside cushion for the near term.
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