Amid positive global clues, the Nifty50 extended its previous week's gains and ended in the green for the third-straight session. All the major sectoral indices closed the session higher, with IT and Metal being the top gainers. The Nifty50 rose 132 points to 15,832.
The India VIX climbed 2.2% to 21.00.
The Nifty50’s options contracts expiring on 30 June have sizable positions at 16,000 and 15,900 call options and 15,500 and 15,700 put options.
As per options data, the broad range for the Nifty50 is between 14,900 and 16,600 levels. Its immediate support is at 15,500 and resistance is at 16,000 levels.