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HIGHLIGHTS:

Nifty Futures closed at 25265 yesterday on a positive note, with a price gain of 0.41% and 7.17% decrease in the open interest, indicating a Short Covering. It closed at a premium of 113 points compared to its previous day’s discount of 4 points. Bank Nifty closed at 51490 yesterday on a negative note with price gain of 0.12% & 7.40% increase in open interest indicating Long Build Up. It closed at a premium of 338 points compared to its previous day’s premium of 285 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 3347 Cr,

Bought Index Option worth 121175 Cr,

Bought Stock Futures to the tune of 1023 Cr,

Sold Stock Options to the tune of 3262 Cr,

Net Bought in the derivative segment to the tune of 12282.30 Cr.

In Cash Segment FII Bought 3259.56 Cr & DII Bought 2690.85 Cr.

The India VIX index is at 13.79 vs 13.95, ATM CE IV 10.38 & PE IV 12.76

Index options PCR is at 1.26 v/s 1.11 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24800 and 24700 which may act as support for current expiry.

Nifty Call options OI shows that 25500 has the highest OI followed by 25100 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 50500 which may act as support for the current expiry.

BankNifty Call strike 51500 followed by 51200 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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