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Market Commentary

Overnight global action was Negative: On 4 th Dec, U.S. markets up with S&P 500 +7.22 pts (+0.11%), Dow Jones down by +31.96 pts (-0.07%) and Nasdaq up by -24.85 pts (-0.10%). India VIX was down by ~3.7%. GIFT Nifty is trading flat at ~26,178 (-10.10 pts, -0.1%) indicating Indian markets will open negatively.

On 4 th Dec, advance decline ratio on NSE was 3211: 1373 and BSE was 1732: 2418 which showed balanced in the overall markets.

Index Options Data Analysis:

Sensex max call OI is at 85,300 max put OI is at 85,200 with PCR of 1.2

Nifty max call OI is at 26,500 and max put OI is at 26,000 with PCR of 0.9

Bank Nifty max call OI and max put both is at 59,500 with PCR of 0.9

Securities in Ban for F&O Trade for 5

SAMMAANCAP, BANDHANBNK

Sectors in Focus:

IT : Nifty IT index up by +1.41% with Coforge (+2.83%), Mphasis (1.75%), and Persistent (+1.74%) Among the contributors.

Realty : Nifty Realty index up by +0.54% with Oberoirlty (+1.61%),SOBHA (+0.97%), and PRESTIGE (+0.93%) Among the contributors.

FMCG : Nifty FMCG index was up by +0.47% with COLPAL (1.65%), GODREJPROP (+1.02%) and BRITANIA (+0.84%) among the top gainers.

Media : Nifty Media index down by -1.45 with PVRINOX (- 3.43%), TIPSMUSIC (-3.43%), and NETWORK18 (-2.58%) Among the contributors.

Consumer Durable : Nifty Consumer Durable index was down by -0.62% with AMBER (-4.34%), DIXON (-2.37%) and CENTURYPLY (-2.00)among the top losers.

Mid Small Healthcare : Nifty Mid Small Healthcare index was down by -0.20 % with WOCKPHARMA (-6.00%), BIOCON(- 5.38%) and GLAND (-2.32%) contributing negatively to the index.

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