21-06-2024 10:34 AM | Source: Axis Securities Ltd
Bought Index Futures to the tune of 1739.69 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 23582 yesterday on a positive note with price gain of 0.34% & 2.40% Increase in the open interest indicating Long Build Up. It closed at a premium of 15 points compared to its previous day’s premium of 12 points. Bank Nifty closed at 51755 yesterday on a positive note with price gain of 0.78% & 0.38% decrease in open interest indicating Short Covering. It closed at a discount of 28 points compared to its previous day’s discount of 45 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1739.69 Cr,

Sold Index Option worth 71333.30 Cr,

Sold Stock Futures to the tune of 3174.74 Cr,

Bought Stock Options to the tune of 976.12 Cr,

Net Sold in the derivative segment to the tune of 71792.30 Cr.

In Cash Segment

FII Bought 415.30 Cr & DII Sold 325.81 Cr.

The India VIX index is at 13.35 vs 13.71, ATM CE IV 17.49 & PE IV 11.27

Index options PCR is at 1.17 vs 0.95 to its previous day closing.

Nifty Put options OI distribution shows that 23000 has the highest OI concentration followed by 23500 and 22800 which may act as support for current expiry.

Nifty Call options OI shows that 24000 has the highest OI followed by 23500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 50000 has the highest OI concentration followed 50500 which may act as support for the current expiry.

BankNifty Call strike 50500 followed by 50000 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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