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HIGHLIGHTS:

Nifty Futures closed at 25377 yesterday on a positive note, with a price gain of 0.44% and 6.14% increase in the open interest, indicating a Long Build Up. It closed at a premium of 141 points compared to its previous day’s premium of 113 points. Bank Nifty closed at 51663 yesterday on a positive note with price gain of 0.33% & 1.28% decrease in open interest indicating Short Covering. It closed at a premium of 312 points compared to its previous day’s premium of 338 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2275 Cr,

Bought Index Option worth 14635 Cr,

Bought Stock Futures to the tune of 4370 Cr,

Sold Stock Options to the tune of 78 Cr,

Net Bought in the derivative segment to the tune of 21200.74 Cr.

In Cash Segment FII Bought 5138.14 Cr & DII Sold 3198.07 Cr.

The India VIX index is at 14.12 vs 13.39, ATM CE IV 14.12 & PE IV 13.48

Index options PCR is at 1.29 v/s 1.26 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 25200 and 24800 which may act as support for current expiry.

Nifty Call options OI shows that 26000 has the highest OI followed by 25700 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 50800 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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