IGI Logo

HIGHLIGHTS:

Nifty Futures closed at 25032 yesterday on a positive note, with a price Gain of 0.08% and 2.10% increase in the open interest, indicating a Long Build Up

It closed at a premium of 21 points compared to its previous day’s premium of 62 points.

Bank Nifty closed at 51753 yesterday on a negative note with price cut of 0.12% & 3.78% increase in open interest indicating Short Build Up.

It closed at a premium of 189 points compared to its previous day’s increase of 261 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1390.15 Cr,

Sold Index Option worth 40694.20 Cr,

Bought Stock Futures to the tune of 1626.76 Cr,

Sold Stock Options to the tune of 1368.59 Cr,

Net Sold in the derivative segment to the tune of 39045.90 Cr.

In Cash Segment

FII Bought 2,089.28 Cr & DII Sold 337.03 Cr.

The India VIX index is at 12.93 vs 13.25, ATM CE IV 11.24 & PE IV 13.76

Index options PCR is at 0.99 v/s 1.18 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24500 and 24800 which may act as support for current expiry.

Nifty Call options OI shows that 25500 has the highest OI followed by 25200 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 51500 which may act as support for the current expiry.

BankNifty Call strike 52000 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

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633