NSE Share Bazaar Report For 19 January 2024: NIFTY Shines, BANKNIFTY Falters

Explore the market dynamics on 19 January 2024, with insights into NIFTY and BANKNIFTY. Stay informed about the Special Trading Session scheduled for 20 January 2024.

Today’s NSE Share Bazaar

Special Trading Session Scheduled for 20 January 2024 – Important Timings and Highlights

On the 19th of January 2024, the Indian Share Bazaar witnessed a dynamic trading day, marked by significant movements in key indices. Notably, the NIFTY opened with a substantial gap of 153 points at 21,615.20, compared to the previous day’s close of 21,462.25. The day concluded with a 0.75% gain, closing at 21,622.40 after reaching a high of 21,670.60. Meanwhile, BANKNIFTY started at 46,103.50, experienced a high of 46,249.85, but closed with a minor loss at 45,701.15, indicating a challenging day for banking stocks. Let’s delve deeper into the performance of various indices on this eventful day.

NIFTY: 19 January 2024

The NIFTY index showcased resilience, opening strong and maintaining positive momentum throughout the day. The open price of 21,615.20, high of 21,670.60, low of 21,575.00, and closing price of 21,622.40 highlight the bullish trend. Top gainers in the NIFTY index included ONGC, BHARTIARTL, and NTPC, while HDFCBANK, KOTAKBANK, and INDUSINDBK faced losses.

Also Read:

BANKNIFTY: 19 January 2024

In contrast, BANKNIFTY faced challenges, opening at 46,103.50 and reaching a high of 46,249.85. Unfortunately, it couldn’t sustain these gains and closed at 45,701.15 with a marginal loss of 0.03%. Top gainers in BANKNIFTY included PNB, AXISBANK, and ICICIBANK, while IDFCFIRSTB, KOTAKBANK, and INDUSINDBK experienced losses.

Special Trading Session on 20 January 2024:

19 January 2024, Special Trading Session scheduled for 20 January 2024

Investors should take note of the upcoming Special Live Trading Session scheduled for Saturday, 20 January 2024. This session will be a regular session and Monday 22 January will be a trading holiday. Earlier this session was scheduled to commence at 09:00 hrs and switch over to the Disaster Recovery Site at 11:15 hrs.

Indices Performance Summary: 19 January 2024

  • NIFTY NEXT 50: Open – 54,297.25, High – 54,741.80, Low – 54,250.95, Close – 54,709.00
  • NIFTY AUTO: Open – 18,585.05, High – 18,708.35, Low – 18,572.75, Close – 18,694.60
  • NIFTY MIDCAP 50: Open – 13,412.00, High – 13,487.40, Low – 13,352.60, Close – 13,477.20
  • NIFTY FMCG: Open – 56,296.30, High – 56,813.95, Low – 56,085.30, Close – 56,640.50
  • NIFTY IT: Open – 37,065.00, High – 37,263.95, Low – 36,831.35, Close – 37,069.25
  • NIFTY METAL: Open – 7,683.55, High – 7,748.50, Low – 7,668.35, Close – 7,732.35
  • NIFTY PHARMA: Open – 17,416.45, High – 17,460.55, Low – 17,308.10, Close – 17,388.00
  • NIFTY PSU BANK: Open – 5,928.60, High – 5,958.45, Low – 5,893.75, Close – 5,945.10

Option Chain Data: For NIFTY:

  • Top 3 changes in Open Interest Calls: 21650CE (32,720), 21600CE (29,541), 21400CE (-13,268)
  • Top 3 changes in Open Interest Puts: 21600PE (72,912), 21500PE (57,960), 21700PE (31,028)

Option Chain Data: For BANKNIFTY:

  • Top 3 changes in Open Interest Calls: 46100CE (58,357), 46000CE (50,861), 45900CE (36,569)
  • Top 3 changes in Open Interest Puts: 44700PE (20,085), 45900PE (18,558), 46100PE (39,811)

In conclusion, while NIFTY showcased strength, BANKNIFTY faced challenges on the 19th of January 2024. Investors should stay informed about the Special Live Trading Session scheduled for the 20th, as it could impact market dynamics.

Leave a Reply