Top stock picks by CapitalVia: Buy Adani Ports, Mannapuram Finance

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Indices traded in range on Friday; Nifty finds critical support 9,050

Market opened gap-up on Friday but remained range bound, however, it did manage to cut majority of the intraday loss by the end of the day. Nifty managed to close at 9136.85, slashing 5.90 points. Media, PSU banks, and realty sector were among sector trading with negative sentiments, whereas Metal and FMCG sector closed in green mark. Nifty bank closed at 18,833.95, slashing 234.55 points from the previous day’s closing.
 

As per the weekly option data, handful of put writing on lower strikes ranging from 8,800 to 9,100 is