2026-06-04 09:33:38 am | Source: Religare Broking Ltd
Daily Derivative Report - 06th Jun 2026 by Religare Broking Ltd
Market Outlook
The Indian market continued to exhibit another volatile session as Nifty 50 index again witnessed a recovery from the intraday low, near 23150 zone and settled at the 23405 with the marginal losses. On the derivative front, fresh call writing witnessed at the 23500 strike suggesting an immediate hurdle zone while on the downside major put writing witnessed at the 23000 strike suggesting a critical downside cushion. Overall, the market is likely to remain range-bound with a cautiously optimistic bias, as long as key support levels remain intact
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