Put Options Signal India’s Nifty Index Forming Support at 10,000
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India equity option traders are confident that the 10,000 level can act as a key support for the NSE Nifty 50 Index.
Put options with a 10,000 strike price now hold the highest outstanding bets among the index option contracts, compared with options at a 9,000 level holding that milestone until Friday, according to data from NSE.