Nifty50: 

Nifty50 opened gap up high at 14,865.30 and remained largely volatile with positive bias. The index hit a intraday high at 14,959.10 in late trade and end of the session closed at 14,919.10, up 157.55 points or 1.07 per cent.

The index formed a bullish candle that resembles Inside Bar pattern on the daily charts, options trades front, maximum Put option open interest was seen at 14,000 followed by 13,500 strike while maximum Call option open interest was at 16,000 followed by 16,500 strike. Call option writing was seen at 15,400 then 15,500 strike while Put option writing was seen at 13,900 then 14,600 strike. Option data indicated that the index could see an immediate trading range at 14,700 to 15,150 levels for the coming sessions.

BANK NIFTY:

Bank Nifty opened  gap up high at 35,458.15 but failed to hold above 35,750 and the index hit a intraday low of 35,002.45. However, it witnessed to a decent recovery from lows and end of the session closed highat 35,419.70 level, up at 123.70 points or 0.35 per cent.

The Bank Nifty index formed a Doji kind of candle on daily scale, Bank Nifty has to continue to hold above 35,000 levels to witness a bounce towards 36,000 and 36,250 while on the down side support is seen at 35,000 then 34,500 levels,
NIFTY TOP 5 GAINERS AND :
GAINERS: TATA MOTORS, M&M, WIPRO, ADANIPORTS and HEROMOTOCO.
LOSERS: ONGC, HDFC, DRREDDY, POWERGRID and COALINDIA.