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Below the Quote on Post-market comment by Mandar Bhojane, Research Analyst, Choice Broking 

On March 14, Indian equity indices ended higher, with the Nifty closing at 22,150 amid buying across sectors except for banking names. At close, the Sensex was up 335.39 points or 0.46 percent at 73,097.28, and the Nifty was up 149.00 points or 0.68 percent at 22,146.70.

On the daily chart, a price breakdown and a rest in the daily trendline occurred with significant volume, indicating a bounce after a sharp fall. Immediate support is identified near 21,900 and 21,800. Conversely, a strong close above 22,200 suggests the potential for a new lifetime high in the coming days.

Except for banking, all other sectoral indices ended in the green, with telecom, power, and oil & gas adding 3 percent each, while auto, capital goods, FMCG, Information Technology, healthcare, and metal rose 1-2 percent. Broader indices outperformed the main indices, with the BSE Midcap index rising 2.2 percent and the Smallcap index gaining 3 percent.

India VIX exhibited a negative movement of 5.61 percent intraday, settling at 13.6225.

Analyzing the Open Interest (OI) data, the call side displayed the highest OI at 22,400, followed by 22,500 strike prices. On the put side, the highest OI was observed at the 22,000 strike price.

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