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

The Sensex and Nifty, key equity benchmarks, lost their earlier gains and fell over 1.5 percent on March 13 and closed below 22000 levels. Bank Nifty also traded Negative for the day on its weekly expiry and closed below 47000 levels. The overall sentiment of the market is negative as we have seen sharp decline in the mid cap and small Cap index.

The market has traded negative with the Sensex losing 1.23 percent and closed at 72761.89 and Nifty was Negative by 1.51 percent intraday and closed at 21997.70 levels, also Bank Nifty closed Negative, down by 0.64 percent and settled at 46981.30.

All the sectors except NIFTY FMCG ended on the lower side. In Nifty stocks, ITC, ICICI BANK and KOTAKBANK were the top gainers while POWERGRID, COALINDIA and ADANIPORTS were the prime laggards.

INDIA VIX was Positive by 5.79 percent intraday and settled at 14.43.

Index has a support around 21850-21800 zone.  Coming to the OI Data, on the call side, the highest OI observed at 22000 strike prices while on the put side, the highest OI is at 21800 strike price. On the other hand, Bank nifty has support at 46500-46300 while resistance is placed at 47500 and 47700 levels

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