Following a brief rally, Chinese stocks stumbled, while European markets traded slightly higher. With the RBI meeting over, the focus has now shifted to corporate results that will start trickling in from now on. Internationally, markets are watching the US CPI data on October 10 and PPI on October 11. US stocks closed higher on Wednesday; equities across the Asia-Pacific region are also up in early deals on Thursday, tracking the US stock markets. Open Interest (OI) data revealed the highest OI on the call side at the 25,200 and 25,300 strike prices, while on the put side, it was concentrated at the 24,800 and 24,700 strike prices.
Source: The Hindu October 10, 2024 05:07 UTC