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Nifty futures closed at 16251.7 on a positive note with 30.75% increase in open interest and with price gains of 3.01% indicating Long Build Up - Axis Securities
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NIFTY HIGHLIGHTS
* Nifty futures closed at 16251.7 on a positive note with 30.75% increase in open interest and with price gains of 3.01% indicating Long Build Up.
* Nifty annualized volatility index India Vix has marginally decreased to 12.61% from 12.80 donw by -1.52%.
* Bank Nifty futures closed at 35941.05 on a positive note with -6.85% decrease in open interest and with a price gains of 3.66% indicating Short Covering.
* The open interest position of FII's in Index Futures is at Rs 14,941 increased by 2,784 Cr and in Stock Futures it is at Rs 1, 10,047 increased by 3,516 Cr.
PCR OI during the week has made a high of 1.65 & low of 1.09 and closed on weekly basis at 1.40 levels.
PCR OI currently is at 1.40 levels which is above the median line but in comfortable zone for positive trend.
Nifty PCR OI
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