*Today’s Market News About Options Market and Indices*
The Nifty 50 index is currently at 25,235.90, up by 0.33% from the previous day’s closing ¹. Here are some key highlights about the options market and indices:
– *Nifty 50*: The Nifty 50 index has seen a slight increase, with a gain of 83.95 points or 0.33% from the previous day’s closing.
– *Nifty Next 50*: The Nifty Next 50 index is at 75,279.80, up by 383.40 points or 0.51% from the previous day’s closing.
– *Nifty Midcap Select*: The Nifty Midcap Select index is at 13,161.85, up by 85.75 points or 0.66% from the previous day’s closing.
– *Nifty Bank*: The Nifty Bank index is at 51,351.00, up by 198.25 points or 0.39% from the previous day’s closing.
– *Options Market*: The options market is currently active, with various contracts available for trading. The NSE website provides detailed information on option chains, market data, and other relevant details ¹.
As the markets head into Monday’s session, investors will be watching closely to see if the #Nifty can maintain its upward momentum following a significant breakout from a rounding bottom pattern. It could advance towards the 25,500 level in the short term, with the potential to rally further to 26,000-26,250 if it sustains above this key threshold.
Stock Radar: Maruti Suzuki, TVS Motor, SJVN, RailTel, Biocon, Gujarat Gas, Tata Motors in focus on Monday
News Summary
• Reliance Industries Ltd. is in talks to acquire Walt Disney Co.’s India operations in a cash and stock deal worth around $10 billion.
• The acquisition could be announced as early as next month, with some of Reliance’s media units merged into Disney Star.
• Disney may continue to hold a minority stake in the Indian company after the transaction is completed.
