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The Sensex recovered 3.5 percent from the day’s low, but was still down 2.8 percent at 26,857. The 50-share Nifty is down 2.7 percent to 8,300, after falling as much as 6.3 percent in opening trade. Also Read: Live: Rs 500, Rs 1,000 Notes Scrapped, Rs 2,000 Note Introduced
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High PCR means the market is bullish because the option writers are inclined to write puts. Low PCR means bearish sentiment – because option writers are not willing to write puts but instead write calls.
Nifty is a share market index established by the National Stock Exchange. This presentation will give you a clear idea of how this particular index is calculated. You can check the nifty share price live(https://www.edelweiss.in/quotes/index/Nifty-50-20559) on your broker's website.
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The Sensex recovered 3.5 percent from the day’s low, but was still down 2.8 percent at 26,857. The 50-share Nifty is down 2.7 percent to 8,300, after falling as much as 6.3 percent in opening trade. Also Read: Live: Rs 500, Rs 1,000 Notes Scrapped, Rs 2,000 Note Introduced
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Tata Steel, Cipla, SBI, Bharti Airtel and Sun Pharma are among the gainers, whereas Infosys, Godrej Properties, Redington and Prestige estates are losing sheen on BSE. All the BSE sectoral indices were trading in the positive territory. Some buying activity is seen in metal, telecom, auto, banking, basic materials and pharma sectors.
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