Indian equity benchmark -- Nifty ended flat with positive bias on Thursday. After making a flat-to-positive start, Index tuned volatile and hovered near neutral for most part of the session, as intensified geopolitical tensions between US-Iran bolstering crude oil prices above $102 per barrel and igniting inflation fear globally. Besides, foreign fund outflow dampened investors sentiments. As per exchange data, foreign institutional investors offloaded Indian equities worth Rs 582.99 crore on September 09. However, a sharp recovery in the closing auction session (CAS) helped the index rebound from the day's low and ended higher by 46.30 points.
Traders were seen piling up positions in Media, PSU Bank and Private Bank stocks, while selling was witnessed in Metal, Pharma and Auto. The top gainers from the F&O segment were Ather Energy, Force Motors and Blue Star. On the other hand, the top losers were Vodafone Idea, Kaynes Technology India and GE Vernova T&D India. In the index option segment, maximum OI continues to be seen in the 23900 - 24100 calls and 23900 - 24100 puts indicating this is the trading range expectation.
