Nifty futures closed at 17185 on a Positive note with 6.03% decrease in the open interest indicating Short Covering. - Axis Securities Ltd

HIGHLIGHTS:
Nifty futures closed at 17185 on a Positive note with 6.03% decrease in the open interest indicating Short Covering.
Nifty Futures closed at a premium of 33 points compared to the previous day premium of 53 points.
BankNifty closed at 40199 on Positive note with 9.57% decrease in open interest indicating Short Covering.
BankNifty Futures closed at a premium of 120 points compared to the previous day premium of 152 points.
FII's were Sellers in Index Futures to the tune of 101 and were Sellers in Index Option 13038 crores, Buyers in Stock Future 488 crores. Net Sellers in the derivative segment to the tune of 12528 crores.
In cash, FII Bought 62 & DII Bought 384 CR
India VIX index is at 14.81 v/s 15.08 ATM CE IV 19.92 & PE IV 21.24
Nifty Options OI Distribution-Weekly
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