10-06-2024 09:48 AM | Source: Axis Securities Ltd
Bought Stock Futures to the tune of 4508 Cr - Axis Securities Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

HIGHLIGHTS:

Nifty futures closed at 23325 yesterday on a positive note with price gain of 1.35% & 0.81% Decrease in the open interest indicating Short Covering. It closed at a premium of 35 points compared to its previous day’s premium of 78 points.

Bank Nifty closed at 49980 yesterday on a positive note with price gain of 0.96% & 0.88% increase in open interest indicating Long Build Up. It closed at a premium of 106 points compared to its previous day’s premium of 144 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 5663 Cr,

Bought Index Option worth 3280 Cr,

Bought Stock Futures to the tune of 4508 Cr,

Sold Stock Options to the tune of 482 Cr,

Net Bought in the derivative segment to the tune of 12968 Cr.

In Cash Segment FII Bought 4391 Cr & DII Sold 1290 Cr.

The India VIX index is at 16.88 vs 16.80, ATM CE IV 17.81 & PE IV 17.86

Index options PCR is at 1.10 vs 0.95 to its previous day closing.

Nifty Put options OI distribution shows that 23000 has the highest OI concentration followed by 22800 and 22700 which may act as support for current expiry.

Nifty Call options OI shows that 24000 has the highest OI followed by 23500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 49500 has the highest OI concentration followed 50000 which may act as support for the current expiry.

BankNifty Call strike 50000 followed by 50500 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

 

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer