The Sensex was down 35.78 points at 39031.55, while Nifty was down 6.50 points at 11748.20.
The benchmark indices recovered from the day's low and ended marginally lower on April 30 after buying witnessed in the last hour of trading.
The Sensex was down 35.78 points at 39031.55, while Nifty was down 6.50 points at 11748.20.
Among sectors, Nifty PSU Bank declined more than 3 percent followed by Auto (down 1.7%), Infra (down 1.1%) and pharma (down 0.6%), while some buying was seen in the Metal and IT indices, which gained more than 1 percent each.
The S&P BSE Midcap index closed 1.1 percent lower while the S&P BSE Smallcap index was down 1.27 percent.
We have collated 15 data points to help you spot profitable trades:
Key support and resistance level for Nifty
Nifty closed at 11748.20 on April 30. According to the Pivot charts, the key support level is placed at 11,684, followed by 11,619.8. If the index starts moving upward, key resistance levels to watch out are 11,784.3 and 11,820.4.
Nifty Bank
The Nifty Bank closed at 29,764.8, down 248.7 points, on April 30. The important Pivot level, which will act as crucial support for the index, is placed at 29,569.8, followed by 29,374.8. On the upside, key resistance levels are placed at 29,940.1, followed by 30,115.4.
Call options data
Maximum Call open interest (OI) of 11.96 lakh contracts was seen at the 12,000 strike price. This will act as a crucial resistance level for the May series.
This was followed by 11,800 strike price, which now holds 7.35 lakh contracts in open interest, and 12,100, which has accumulated 5.68 lakh contracts in open interest.
Significant Call writing was seen at the strike price of 12,200, which added 1.27 lakh contracts, followed by 11,800 strike that added 0.48 lakh contracts.
Call unwinding was seen at the strike price of 12,000 that shed 0.70 lakh contracts.
Put options data
Maximum Put open interest of 17.60 lakh contracts was seen at 11,500 strike price. This will act as a crucial support level for the May series.
This was followed by 11,700 strike price, which now holds 12.61 lakh contracts in open interest and 11,800 strike price, which has now accumulated 8.69 lakh contracts in open interest.
Put writing was seen at the strike price of 11,800 that added 2.08 lakh contracts, followed by 11,500 strike price that added 1.03 lakh contracts.
There was hardly any Put unwinding seen.
FII & DII data
Foreign Institutional Investors (FIIs) bought shares worth Rs 114.59 crore while Domestic Institutional Investors (DIIs) bought Rs 730.02 crore worth of shares in the Indian equity market on April 25, as per provisional data available on the NSE.
Fund Flow Picture
Stocks with a high delivery percentage
High delivery percentage suggests investors are accepting the delivery of the stock, which means that investors are bullish on it.
24 stocks saw a long build-up
32 stocks saw short covering
A decrease in open interest along with an increase in price mostly indicates short covering.
83 stocks saw a short build-up
An increase in open interest along with a decrease in price mostly indicates a build-up of short positions.
59 stocks saw long unwinding
Bulk Deals on April 30
Analyst or Board Meet/Briefings
VIP Industries: Board meeting on May 7 to consider and approve the financial results for the period ended March 31, 2019 and dividend if any, for the financial year 2018-19.
Mahanagar Gas: To consider and approve the financial results for the period ended March 31, 2019 and dividend on May 9.
Hindustan Construction Company: Board meeting on May 9 to consider and approve the financial results for March quarter.
South Indian Bank: Board to consider dividend on May 9.
Zenith Birla: Board meeting on May 7 to consider and approve the financial results for the period ended March 31, 2019.
Stocks in news:
BHEL signs MoU with ARAI for various projects related to e-mobility
TVS Motor Company Q4: Net profit down 19.2% at Rs 133.8 crore; revenue up 9.4% at Rs 4,384 crore.
Siemens Gamesa bags 250 MW solar energy order From Sprng Energy
ICICI Bank board to consider fund raising on May 6
Lupin in alliance with Natco receives FDA approval for Bosentan tablets
Zero stocks under ban period on NSE
Securities in ban period for the next day's trade under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.
For May 2, not a single stock present in this list.
