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

On June 12, Indian benchmark indices ended flat to positive after reaching an all-time high. 

The Nifty, after a gap-up opening, made an all-time high at the 23,441.95 level. However, after a volatile session, it finally settled at the day's low at 23,322.95. If the price closes below the 23,200 level, it may see further correction down to the 23,100 and 23,000 levels. Conversely, if the index closes above the 23,450 level, it could reach a new all-time high near 23,600 and above. The market is expected to remain sideways and volatile within the 23,200 to 23,450 range.

On the sectoral front, except FMCG and Realty, all other indices were trading in the green with capital goods, metal, oil & gas, and power up 1 percent each. The BSE Midcap and Smallcap indices gained 1 percent each.

The India VIX, which measures market volatility, decreased by 2.56 percent intraday, settling at 14.3875, indicating reduced market fear. Regarding the Open Interest (OI) data, on the call side, the highest OI was observed at the 23,500 and 24,000 strike prices. On the put side, the highest OI was at the 23,200 strike price.

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