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FO manual |Indian indices under pressure amid weak global cues

The Indian equity market faced pressure on August 2, influenced by weak global cues. Sectoral indices traded in the red, with auto, metal, oil gas, and power down 1 percent each. At 11 am, Sensex was down 693.73 points, and Nifty was down 205.30 points. Put writers dominated the day with strong action at 19800 levels and counters experienced significant selling pressure.

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​ The Indian equity market faced pressure on August 2, influenced by weak global cues. Sectoral indices traded in the red, with auto, metal, oil gas, and power down 1 percent each. At 11 am, Sensex was down 693.73 points, and Nifty was down 205.30 points. Put writers dominated the day with strong action at 19800 levels and counters experienced significant selling pressure. The Indian equity market faced pressure on August 2, influenced by weak global cues. Sectoral indices traded in the red, with auto, metal, oil gas, and power down 1 percent each. At 11 am, Sensex was down 693.73 points, and Nifty was down 205.30 points. Put writers dominated the day with strong action at 19800 levels and counters experienced significant selling pressure.  Moneycontrol Latest News Read More  

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