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HIGHLIGHTS:

Nifty Futures closed at 24095 yesterday on a positive note, with a price gain of 0.51% and a 45.18% increase in the open interest, indicating a Long Build Up. It closed at a premium of 51 points compared to its previous day’s premium of 1 points. Bank Nifty closed at 52906 yesterday on a positive note with price gain of 0.05% & 1.38 increase in open interest indicating Long Build Up. It closed at a premium of 94 points compared to its previous day’s premium of 6 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 4368.68 Cr,

Bought Index Option worth 24698.53 Cr,

Bought Stock Futures to the tune of 8129.43 Cr,

Sold Stock Options to the tune of 1682.09 Cr,

Net Bought in the derivative segment to the tune of 35514.55 Cr.

In Cash Segment FII Bought 7658.77 Cr & DII Sold 3605.93 Cr.

The India VIX index is at 14.15 vs 14.04, ATM CE IV 17.35 & PE IV 12.31

Index options PCR is at 1.45 v/s 1.27 to its previous day closing.

Nifty Put options OI distribution shows that 24000 has the highest OI concentration followed by 23500 and 23800 which may act as support for current expiry.

Nifty Call options OI shows that 24000 has the highest OI followed by 24500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 53000 has the highest OI concentration followed 52500 which may act as support for the current expiry.

BankNifty Call strike 53000 followed by 53500 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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