Nifty EOD Summary 06 OCT 2016

Nifty closed lower on Thursday and broke a support of 8730. The Nifty October Future premium reduced to 27.65 points from 33.2 points from yesterday and closed at 8737.2.

Long buildup:
BPCL
Reliance
Bosch and
ONGC. 

Short buildup:

Bank of Baroda
Cipla
Dr Reddy
M&M

Most active The most active Fut contracts were Yes Bank, Reliance, Axis Bank and SBI. Sectorally, OI long build up was seen in Oil and Gas index. Short build up was seen in Auto, Banking, Capital Goods and Realty indices.

For tomorrow’s session support for Nifty is 8684 and resistance at 8730.