Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _19.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Below the Quote on Post Market Comment by Mandar Bhojane, Research Analyst, Choice Broking
Indian benchmark indices ended higher in a volatile session on June 20. The Sensex was up 141.34 points or 0.18 percent at 77,478.93, and the Nifty was up 51 points or 0.22 percent at 23,567.
The Nifty has been trading in the 23,400 to 23,700 range for the last five consecutive days and has formed an inside candle on the daily chart, indicating a sideways trend. If the price closes above the 23,700 level, it could further rise to the 23,800 and 24,000 levels. Conversely, the 23,400 and 23,300 levels will act as immediate support.
Selling was seen in the auto, pharma, and PSU banks sectors, while buying was observed in the metal, capital goods, realty, and oil & gas sectors. The BSE midcap index rose 0.5 percent, while the smallcap index added 1 percent.
The India VIX, which measures market volatility, decreased by 2.68 percent intraday, settling at 13.3450, indicating reduced market fear. Regarding the Open Interest (OI) data, on the call side, the highest OI was observed at the 24,000 and 24,200 strike prices. On the put side, the highest OI was at the 23,000 strike price.
Above views are of the author and not of the website kindly read disclaimer
![](https://portfolio.investmentguruindia.com/uploads/news/Opec.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Poonawalla Fincorp.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/AgroStar25.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/dalmia bharat ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Supreme Industries Ltd 1.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Can Fin Homes Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Cyient DLM_13 june.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Signature 2.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Route Mobile Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/PVR Ltd.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/Shrey Jain.jpg)
Mid-Market Comment by Mr Shrey Jain, Founder and CEO SAS Online - India`s Deep Discount Broker
![Nifty consolidated within the 5 DEMA & 20 DEMA range of 24495 to 24270 throughout the day - Tradebulls Securities Pvt Ltd](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities Ltd.jpg)
![Benchmark index is likely to open lower and trade volatile on monthly expiry today - Monarch Networth Capital Ltd](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
![The short term trend of Nifty continues to be weak - HDFC Securities](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/broker_1.jpg)
Morning Market Quote : A predictable market trend is that high valuations will lead to corre...
![Market Wrap and Market Macros by Shrikant Chouhan, Head Equity Research, Kotak Securities](https://portfolio.investmentguruindia.com/uploads/news/Shrikant Chouhan.jpg)
![Daily Market Commentary : Nifty remained sideways throughout the session with negative bias and closed with a loss of 91 points at 22122 levels says Mr. Siddhartha Khemka, Motilal Oswal Financial Services Ltd](https://portfolio.investmentguruindia.com/uploads/news/broker_84.jpg)
![Daily Market Analysis : Markets started the week with modest gains amid volatility, in continuation of the recent pause Says Mr. Ajit Mishra, Religare Broking](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)