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HIGHLIGHTS:

Nifty Futures closed at 25340 yesterday on a positive note, with a price cut of 0.14% and 7.27% increase in the open interest, indicating a Short Build Up. It closed at a premium of 62 points compared to its previous day’s premium of 141 points. Bank Nifty closed at 51650 yesterday on a positive note with price cut of 0.02% & 0.29% increase in open interest indicating Short Build Up. It closed at a premium of 211 points compared to its previous day’s premium of 312 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 600 Cr,

Sold Index Option worth 8469 Cr,

Bought Stock Futures to the tune of 2186 Cr,

Sold Stock Options to the tune of 330 Cr,

Net Sold in the derivative segment to the tune of 7213.06 Cr.

In Cash Segment FII Bought 1735.46 Cr & DII Bought 356.37 Cr.

The India VIX index is at 14.06 vs 14.12, ATM CE IV 14.12 & PE IV 13.48

Index options PCR is at 0.96 v/s 1.29 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 25200 and 24900 which may act as support for current expiry.

Nifty Call options OI shows that 26000 has the highest OI followed by 25300 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 51500 followed by 52000 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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