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On the weekly options front, the maximum Call OI is placed at 20000 and then towards 19800 strikes while the maximum Put OI is placed at 19600 and then towards 19500 strikes.

I think they are headed in the right direction and I guess it is clear that the rebound on reopening has been much less than expected and much less than in many other countries, especially in the west and so I do think that will put some pressure on the 5% growth target and the Chinese authorities and indeed the market is sort of well aware of it.

Investors awaited industry data later on Tuesday that was expected to show U.S. crude oil stockpiles and product inventories likely fell last week. Meanwhile, U.S. shale oil production is projected to fall to nearly 9.40 million barrels per day (bpd) in August, which would be the first monthly decline since December 2022, data from the Energy Information Administration showed on Monday.

Companies scheduled to report earnings this week include Tesla and Netflix, while more big banks in the form of Bank of America, Morgan Stanley and Goldman Sachs are also on the docket to post results, following reports from peers such as JP Morgan and Citigroup last week.

A Wall Street Journal report on July 9 named AT&T and Verizon among several telecom giants that abandoned a sprawling network of underground toxic lead cables, with a huge number of them possibly contaminating neighboring soil and drinking water sources.

Reliance Retail owns a 25.8% stake in Dunzo, while Google holds just under 20%. Reliance Retail’s shareholding is expected to increase in the startup if the ongoing talks lead to the Mukesh Ambani-led conglomerate making an additional investment.

​Also, I think once the merger goes through, this concern on are we getting shrink and NIM compression, high LDR which is almost at 110% at the time of merger, I think gradually will get addressed.

The quarterly results, particularly the Q4 results were very-very decent results, much better than anybody would have expected.

Option data suggests a shift trading range in between 19400 to 20000 zones while an immediate trading range in between 19550 to 19900 zones.

The IT pack, it has always been our belief that IT is a long term story that is going to play itself out and you are going to have these cyclical slowdowns in the middle just as what we are seeing today. Now having said that the kind of connection that a lot of these IT packs saw over the last six months has actually made them very attractive from a valuation perspective.