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HIGHLIGHTS:

Nifty Futures closed at 24621 yesterday on a positive note, with a price gain of 0.41% and a 3.34% increase in the open interest, indicating a Long Build Up. It closed at a premium of 35 points compared to its previous day’s premium of 19 points. Bank Nifty closed at 52630 yesterday on a positive note with price Gain of 0.50% & 4.55% increase in open interest indicating Long Build Up.. It closed at a premium of 174 points compared to its previous day’s premium of 88 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1335.17 Cr,

Bought Index Option worth 8435.96 Cr,

Bought Stock Futures to the tune of 4789.64 Cr,

Bought Stock Options to the tune of 267.22 Cr,

Net Bought in the derivative segment to the tune of 14827.99 Cr.

In Cash Segment FII Bought 2,684.78 Cr & DII Sold -331.00 Cr.

The India VIX index is at 14.19 vs 13.72, ATM CE IV 16.91 & PE IV 13.96

Index options PCR is at 1.17 v/s 1.04 to its previous day closing.

Nifty Put options OI distribution shows that 24500 has the highest OI concentration followed by 24000 and 24300 which may act as support for current expiry.

Nifty Call options OI shows that 25000 has the highest OI followed by 24900 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 52000 has the highest OI concentration followed 52500 which may act as support for the current expiry.

BankNifty Call strike 53000 followed by 52500 witnessed significant OI concentration and may act as resistance for the current expiry

Nifty Options OI Distribution-Weekly

Bank Nifty Options OI Distribution-Weekly

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