Daily Derivative Report - 12th August 2026 by Religare Broking Ltd
Market Outlook
Yesterday, the Indian market traded under pressure, encompassing its cautious tone amid renewed geopolitical concerns and rising crude oil prices. The key benchmark Nifty50 opened on the flat note but slipped below the 24,500 zone in the initial hours and remained under selling pressure throughout the session. The index settled the day with a decline of nearly half a percent at 24,471. On the derivative front, the next weekly expiry OI data indicated fresh call writing at the 24,600 and 24,700 strikes, suggesting an immediate overhead resistance zone. Meanwhile, significant Put OI at the 24,200 and 24,000 strikes indicated an immediate downside cushion.
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