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NIFTY HIGHLIGHTS

* Nifty futures closed at 17023.5 on a negative note with -1.53% decrease in open interest and a price cut of -3.05% indicating Long Unwinding.

* Nifty annualized volatility index India Vix has increased to 16.34% from 16.06% UP by 1.73%.

* Bank Nifty futures closed at 35749.05 on a negative note with 15.32% increase in open interest and a price cut of -4.02% indicating Short Build Up.

* The open interest position of FII's in Index Futures is at Rs 15,037 increased by 497 Cr and in Stock Futures it is at Rs 1, 24,072 decreased by -6,848 Cr

PCR OI during the week has made a high of 1.28 & low of 0.79 and closed on weekly basis at 0.80 levels.

PCR OI currently is at 0.80 levels which is Below the median line indicating that market participants are buying more Call options than Put options and might signal for an up move in the coming week provided Nifty sustains above important resistance levels.

Nifty PCR OI

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