01-12-2023 10:05 AM | Source: Axis securities
Bank Nifty Futures closed at a premium of 251 points compared to previous day premium of 341 points - Axis securities

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Nifty

HIGHLIGHTS:

futures closed at 20270.6 on a positive note with 37.55% increase in open interest indicating Long Build Up. Nifty Futures closed at a premium of 137 points compared to previous day premium of 35 points. Bank Nifty futures closed at 44732.3 on a negative note with 39.00% increase in open interest indicating Short Build Up. Bank Nifty Futures closed at a premium of 251 points compared to previous day premium of 341 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 170 Cr, Bought Index Option worth 34,364 Cr, Sold Stock Futures to the tune of 825 Cr

Net Buyers in the derivative segment to the tune of 32,770 Cr.

In Cash Segment FII Bought 8,148 Cr & DII Bought 781 Cr.

The India VIX index is at 12.69 v/s 12.71, ATM CE IV 13.23 & PE IV 10.10

 

 

Bank Nifty

Index options PCR is at 1.26 v/s 1.47 to its previous day closing. Nifty Put options OI distribution shows that 20000 have highest OI concentration followed by 19900 & 19800 which may act as support for current expiry. Nifty Call options OI distribution shows that 20400 have highest OI concentration followed by 20300 & 20000 which may act as resistance for current expiry. Bank Nifty Put options OI distribution shows that 44500 have highest OI concentration followed by 44000 & 43000 which may act as support for current expiry. Bank Nifty Call options OI distribution shows that 44500 have highest OI concentration followed by 46000 & 45000 which may act as resistance for current expiry

 

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