The Nifty 50 closed 35.75 points, or 0.15%, lower at 24,435.95. The Sensex declined 187.90 points, or 0.24%, to 77,966.35.

The Nifty 50 closed 35.75 points, or 0.15%, lower at 24,435.95. The Sensex declined 187.90 points, or 0.24%, to 77,966.35.

The Nifty 50 ended 112.10 points, or 0.46%, lower at 24,471.70. The Sensex declined 388.19 points, or 0.49%, to close at 78,154.25.

The Nifty 50 closed 13.15 points, or 0.05%, higher at 24,583.80, while the Sensex gained 43.27 points, or 0.06%, to 78,542.44.

Ananth Narayan said low auction volumes were not the main concern, but flagged prices moving away from the 3:15 p.m. level and signals from the derivatives market.

The Nifty 50 traded 65.35 points, or 0.27%, lower at 24,570.65 and The Sensex declined 455.59 points, or 0.58%, to 78,499.17.

Tech Mahindra sees fresh long buildup as IT stocks rally, while rising futures prices and falling open interest point to short covering in TCS, Infosys and HCLTech.

Kalyan Jewellers' August futures signal fresh long buildup, while the September contract points to short covering as prices rise.

The 58,000 strike carries the largest concentration of both call and put open interest in the available Bank Nifty options data. Below it, 57,000 has the largest put base, while 58,500 carries the next notable concentration of call open interest.

The Sensex closed 373.76 points, or 0.48%, higher at 78,954.76. The Nifty 50 ended 11.35 points, or 0.05%, higher at 24,636.

Wipro saw a sharp build-up in call open interest at the 200 strike, while TCS options positions were concentrated around 2,500. Infosys saw heavy call unwinding at the 1,200 strike.