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Markets crashed on Tuesday on the back of weak global cues and falling crude oil prices. The Nifty Jan Fut finally closed 272.55pts or 3.24% lower at 8,150.3. The Nifty Jan Fut premium narrowed to 19.85pts from 63.05pts in the previous session. The top gainers from the F&O segment were HUL and McDowell. The top losers were IB Real Estate, HDIL, Jindal Steel and ONGC. Nifty OI PCR climbed to 1.27 from 1.08 in the previous session. In the index option segment, maximum OI is now seen in the 8400-8500 calls and 8000-8100 puts indicating a change in the trading range expectation.
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