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HIGHLIGHTS:

Nifty Futures closed at 24798 yesterday on a positive note, with a price gain of 0.35% and 1.35% increase in the open interest, indicating a Long Build Up. It closed at a premium of 28 points compared to its previous day’s premium of 12 points. Bank Nifty closed at 50806 yesterday on a negative note with price cut of 0.17% & 2.12% increase in open interest indicating Short Build Up. It closed at a premium of 121 points compared to its previous day’s increase of 89 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 728 Cr,

Bought Index Option worth 21751 Cr,

Bought Stock Futures to the tune of 37 Cr,

Bought Stock Options to the tune of 1915 Cr,

Net Bought in the derivative segment to the tune of 22975 Cr.

In Cash Segment FII Sold 799.74 Cr & DII Bought 3097.45 Cr.

The India VIX index is at 13.33 vs 13.82, ATM CE IV 10.68 & PE IV 14.08

Index options PCR is at 1.11 v/s 1.14 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24300 and 24200 which may act as support for current expiry.

Nifty Call options OI shows that 25000 has the highest OI followed by 24800 which may act as resistance for current expiry.

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

BankNifty Call strike 51000 followed by 51500 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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