Stay informed on the latest market trends! Explore the NIFTY and BANKNIFTY performance on 11 January 2024 for key insights into the financial landscape.
In the dynamic world of the share bazaar, January 11, 2024, brought forth significant movements, especially in the NIFTY and BANKNIFTY indices. Let’s delve into the key data points for the day and explore the option chain for both indices.
Also Read: Stock Market Secrets
NIFTY Index Overview: For 11 January 2024
The NIFTY index kicked off the day with a gap of 70 points at 21688 and quickly surged to 21726 within the first five minutes of trading. However, a subsequent slide led to a touchpoint of 21593, and the index managed to recover, closing at 21647. This marked the weekly expiry of NIFTY Index options.
Key Data Points: Nifty
- Open Price: 21688
- High Price: 21726
- Low Price: 21593
- Closing Price: 21647
- Previous Close: 21618
Also Read: 12 January 2024: NIFTY Hits New High
Top Gainers: Nifty
- HEROMOTOCO
- BAJAJ-AUTO
- RELIANCE
Top Losers: Nifty
- HINDUNILVR
- DRREDDY
- SBILIFE
Also Read: NIFTY and BANKNIFTY Analysis on 10 January 2024
BANKNIFTY Index Performance: On 11 January 2024
On 11 January 2024, BANKNIFTY opened strong at 47538, up by 178 points, reaching 47662. Despite a dip to 47237 during the day, the index managed to close at 47438.
Key Data Points: Bank Nifty
- Open Price: 47538
- High Price: 47662
- Low Price: 47237
- Closing Price: 47438
- Previous Close: 47242
Top Gainers: Bank Nifty
- IDFCFIRSTB
- AXISBANK
- INDUSINDBK
Top Losers: Bank Nifty
- FEDERALBNK
- HDFCBANK
- ICICIBANK
Other Indices Performance: On 11 January 2024
NIFTY NEXT 50:
- Open: 54355
- High: 54675
- Low: 54318
- Close: 54595
NIFTY AUTO:
- Open: 18648
- High: 18826
- Low: 18631
- Close: 18755
NIFTY MIDCAP 50:
- Open: 13271
- High: 13327
- Low: 13223
- Close: 13271
NIFTY FMCG:
- Open: 56476
- High: 56688
- Low: 56123
- Close: 56228
NIFTY IT:
- Open: 34978
- High: 35104
- Low: 34665
- Close: 34735
NIFTY METAL:
- Open: 7926
- High: 7940
- Low: 7857
- Close: 7876
NIFTY PHARMA:
- Open: 17449
- High: 17470
- Low: 17331
- Close: 17380
NIFTY PSU BANK:
- Open: 5708
- High: 5743
- Low: 5675
- Close: 5703
Option Chain Data: For 11 January 2024
For NIFTY:
Top 3 Changes in Open Interest Calls:
- 21700CE: 42907
- 21800CE: 24964
- 21900CE: 41352
Top 3 Changes in Open Interest Puts:
- 21700PE: 14836
- 21500PE: 20528
- 21600PE: 18600
For BANKNIFTY:
Top 3 Changes in Open Interest Calls:
- 47500CE: 84376
- 47600CE: 81167
- 47700CE: 59702
Top 3 Changes in Open Interest Puts:
47500PE: 49671
47400PE: 31036
47600PE: 28244