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NIFTY HIGHLIGHTS

Nifty futures closed at 16253.25 on a positive note with -17.94% decrease in open interest and with a price gains of 2.96% indicating Short Covering.

Nifty annualized volatility index India Vix has increased to 23.10% from 23.49% DOWN by -1.64%.

Bank Nifty futures closed at 34242.7 on a positive note with -29.22% decrease in open interest and with a price gains of 3.34% indicating Short Covering.

The open interest position of FII's in Index Futures is at Rs 14,958 increased by 1,305 Cr and in Stock Futures it is at Rs 1, 50,353 increased by 11,435 Cr.

PCR OI during the week has made a high of 1.12 & low of 0.73 and closed on weekly basis at 1.07 levels.

PCR OI currently is at 1.07 level which is above the median line and shows that market participants are buying more PUT options then CALL indicating that Nifty might trade CAUTIOUS at higher levels.

Nifty PCR OI

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