Market ended lower on Friday weighed down by financials while technology shares ended lower on caution ahead of US jobs data later today. The Sensex provisionally ended down 43 points at 26,770 and the Nifty ended down 17 points at 8,114.
On the economy front, OPEC is expected to keep its production target of 30 million barrels of oil per day unchanged at a meeting scheduled in Vienna today, 5 June 2015. The OPEC meeting is being closely watched for clues about the organization’s next moves. Highest Open Interest was seen in 8300 and 8200 Call Option looking as a resistance level for nifty and in the down side highest open interest was seen in 8000 and 8100 put looking as a major support level for Nifty. Highest OI increase w.r.t to increase in price was seen in IDEA and Highest OI increase w.r.t to decrease in price was seen in ICICIBANK.