New Delhi, Feb. 25 -- The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to see a muted opening on Tuesday following weak global market cues. The trends on Gift Nifty also indicated a tepid start for the domestic equity indices.
On Monday, the Indian stock market ended sharply lower, with the benchmark Nifty 50 closing below the 22,600 level.
The Sensex crashed 856.65 points, or 1.14%, to close at 74,454.41, while the Nifty 50 settled 242.55 points, or 1.06%, lower at 22,553.35.
On option front, Chandan Taparia, Head - Derivatives and Technicals, Wealth Management, MOFSL, noted that maximum Call OI (Open Interest) is at 23,000 then 22,700 strike while maximum Put OI is at 22,600 then 22,000 strike.
"Call writ...
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