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STOCK MARKET TREND FOR TODAY 3rd DECEMBER

Share Market View 3 Dec :- The Nifty closed at 6011.70 gaining nearly a percent. The Nifty Futures prices ended at premium of 17.35 points vs. 18.20 points. On the open interest front the Nifty Futures saw addition of open interest by 3.22%. The Nifty Futures prices rose along with addition of open interest but slight decline in the cost of carry, this is an indication of some shorting being leaping in at higher levels. On the options front the open interest PCR and the volume PCR have shown a surge, this is an indication that some put buying has been witnessed as a protection against downside.

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Intraday Tips Updated at: 1:20 AM
 
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