Stocks to buy today: MCX, Britannia among top 5 trading ideas for 6 June 2025
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Indian market is likely to consolidate on Friday, tracking mixed global cues. The Nifty50 closed 130 points higher at 24,750 on Thursday. India VIX slipped by over 4% to close at 15.08. On the options front, the maximum Call OI is placed at 25000 and then towards 26000 strikes, while the maximum Put OI is placed at 24700 and then towards 23500 strikes. Call writing is seen at 26000 and then towards 24800 strikes, while Put writing is seen at 24700 and then towards 24800 strikes. “Options data suggests a broader trading range in between 24300 to 25300 zones while an immediate range between 24600 to 25000 levels,” Chandan Taparia, Analyst-Derivatives at Motilal Oswal Financial Services Limited, said. Live Events “On the daily chart, Nifty50 formed a small-bodied bullish candle on Thursday, and it continues to maintain the pattern of higher lows, indicating buying on dips,” he said.“The index remains in a consolidation phase, and a decisive ...