1. Home
  2. / Research

RESEARCH

Weekly Outlook

13th December 2019: Bulls made smart comeback on Dalal Street after two weeks of consolidation and took markets to all-time highs during the week on optimism about US-China trade developments.The Bombay Stock Exchange (BSE) Sensex surged 434.40 points or 1.08% to 40,793.81 during the week ended November 29, 2019. The BSE Midcap index gained 346.19 points or 2.35% to 15,084.86 and Smallcap index surged 206.79 points or 1.55% to 13,560.57.

Technical Outlook

13th December 2019: In the last week, Nifty Futures OI (Open Interest) decreased by 6.44% from 2.02 lakh contracts to 1.89 lakh contracts as compared to previous week with a rise in price by 1.56% from 11914.50 to 12099.85 levels. Nifty Call OI decreased by 21.82% from 5.52 lakh to 4.32 lakh contracts but Nifty Put OI decreased by 8.03% from 7.21 lakh to 6.63 lakh contracts.The Total OI of Nifty was down by 12.97% from 14.76 lakh to 12.85 lakh contracts.