Markets ended marginally lower, Call Option looking

Markets ended marginally lower amid volatility extending the fall for fourth straight day dragged by metal and auto shares. However, value buying in financials and index heavyweight Reliance Industries helped cap the downside. The 30-share Sensex closed lower by 23.78 points at 26,813.42 and the 50-share Nifty slipped 4.45 points at 8,130.65. Highest Open Interest was seen in 8000 and 8100 Call Option looking as a resistance level for nifty and in the down side highest open interest was seen in 8200 and 8300 put looking as a major support level for Nifty. The market breadth was weak. Out of 2,776 stocks traded on the BSE, there were 1,258 advancing stocks as against 1,404 declines. Highest OI increase w.r.t to increase in price was seen in HDIL JUNE 2015 and Highest OI increase w.r.t to decrease in price was seen in VEDL JUNE 2015 contract