Mumbai, Jan 17 | Vishal Furia, the director of ‘Chhorii’, feels that audiences in India are becoming more appreciative of the horror genre and that such reactions from the audience gives filmmakers like him the courage to push the boundaries with their work in the genre.
The director explains that a well told story in the horror genre will click with the audience regardless of the medium of exhibition, “The best part about making a horror film is that you know that there’s a ready audience base out there which is loyal. So whether you go for an OTT release or decide to release your film in the cinemas, it doesn’t matter.”
He adds, “People who love/are willing to explore the genre will show up. I’m glad that the audience in India is also becoming more receptive to horror as a genre slowly and steadily, thus giving storytellers like us the much needed encouragement to make more products like ‘Chhorii’ and ‘Stree’. Looking forward to making many more.”
The director had recently announced that he will soon be working on the sequel to ‘Chhorii’ for which actress Nushrratt Bharuccha has been locked to play the lead.
The Indian market recovered sharply on the last trading day amid the weekend after a continuous fall. Market has managed to halt above 16000 Nifty levels after continuous losing streak. Index reacted violently, grasping Indian as well as global factors throughout the week. Simultaneously, Inflation is catching up and profit margins are taking a hit.
Sensex advanced 1532 points or 2.90 percent while Nifty gained 484 points or 3.07 percent in a week. Simultaneously, Bank nifty has overcome bear’s dominance ending the session with 3.49 percent gain. Sectorally,Nifty Metal saw the highest gains of 7.40 percent followed by the Realty and Auto added over 4% gain. On the flip side Nifty IT tumbled 2.82 percent on weekly basis. Midcap and Small Cap measures rising nearly 2 percent as well.
In Nifty stock, EICHERMOT gained 11.31% while TECHM lost 5.98% on a weekly basis. INDIA VIX closes at 23.10 suggests volatility driven market is going to remain intact. Coming to the OI Data, on the call side highest OI witnessed at 17000 Nifty followed by 16800 Nifty strike price while on the put side, the highest OI was at 16000 Nifty followed by 15800 Nifty strike price. Technically, Nifty has formed a Tweezer Bottom type pattern in the weekly chart suggesting a short term buying rally may drive the market until monthly expiry. On the daily chart, price has rebounded from the lower Bollinger band as well.
Momentum indicators MACD & Stochastic were trading with a positive crossover & reversed from oversold zone. However, Index is still struggling to get the support of 50 Simple Moving Average in daily chart. Short term investors and traders are advised to work with option strategies to neutralize the volatility. Overall, Nifty is having support at 15700 mark while on the upside 16700 followed by 16500 may act as an immediate resistance. While Bank nifty has support around 32500 while resistance is placed at 36000 on weekly chart.
Source: Choice India