Rupee, bonds and IT lead midday support as Nifty holds 23,134
Gift Nifty is at 23,122, VIX is 13.98, and options point to 23,200 on the call side with 22,000 on the put side. Brent is at $105.30 and Shanghai is down -1.43%.
Why the tape looks like this
Electronic Media leads (+5.28%), Trading - Chemicals lags
14 of 14 sector groups are positive — breadth backs the move.
Options pin the tape at 23,050
PCR 1.43 (put-writer edge), spot 23,134.65. Writers own 22,000–23,200.
Rupee to rally on fresh RBI measures, bonds eye inflation prints
Traders expect the rupee to strengthen past the 96-per-dollar mark, with gains potentially extending toward 95.50-95.00
Options Board
Shift since openPCR
1.42 → 1.43
put-writer edge
Max Pain
23,050
Spot
23,134.65
Put Wall
22,000
support
Call Wall
23,200
resistance
Open interest by strike
as of 12:39 ISTKey Developments
Since the openRupee to rally on fresh RBI measures, bonds eye inflation prints
Why it matters — Traders expect the rupee to strengthen past the 96-per-dollar mark, with gains potentially extending toward 95.50-95.00
Sensex Gains 346 Points, Nifty 50 Rises 123 Points as IT and Metal Stocks Support Markets
“Great rotation out of AI has started; expect FPIs to turn buyers in India’' Chat with veteran investor Ramesh Damani. Prashant Nair #Investing #Nifty #BankNifty #Trump #Iran #Rupee #AICrash #stocks
market strategy sebi-cas-rules-345-pm-trading-nifty-levels
Q2 Results Today Live: DLF, LTM, Oberoi, PNB, Urban Company, Ujjivan SFB, Federal Bank to announce Q2 results, Tech Mahindra shares up 5% after Q2, Wipro up 2%, Jio, Nestle, HDFC Life, Persistent Systems in red, Cyient DLM tanks 19%
Why it matters — Q2 Results Today, 16th October 2026 Live Updates: Stay tuned to get real-time market, business and financial news update
Mutual funds halt fresh investments in gold FoFs amid rupee pressure
Why it matters — Fund houses have stopped fresh lump-sum investments and new SIP, STP and switch registrations in gold FoFs from Friday,
Nifty IT soars 14% in 6 days on Q2 earnings boost; TechM, Wipro, TCS shine
Why it matters — At 10:12 AM on Friday, the Nifty IT index was the top sectoral gainer, up 2.8%. Tech Mahindra, Wipro, Infosys and TCS su
Still to Come
Results · macro · corporate actionsMacro & corporate actions
5
Educational market commentary only. Not SEBI-registered investment advice.