Indian markets are expected to trade in a narrow range on Thursday following mixed global cues. The Sensex gained over 150 points, and Nifty50 closed above 17800 levels. The India Vix was up by 1.15%, and the maximum call OI is placed at 18000, and the maximum Put OI is placed at 17700. On the options front, minor call writing is visible at 17850 then 17950 strikes, while Put writing is seen at 17700 then 17800 strikes. A small-bodied bullish candle was formed on the daily frame, indicating support-based buying at lower zones. Stocks collated from various experts for short-term trading include GNFC, Siemens, BergerPaints, Newgen, GAIL India, Apollo Hospitals, Titan Company, DLF, and Gland Pharma.
