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HIGHLIGHTS:

Nifty Futures closed at 24915 yesterday on a positive note, with a price gain of 1.88% and 10.90% increase in the open interest, indicating a Long Build Up. It closed at a premium of 81 points compared to its previous day’s premium of 49 points. Bank Nifty closed at 51299 yesterday on a positive note with price gain of 0.72% & 1.66% increase in open interest indicating Long Build Up. It closed at a premium of 3 points compared to its previous day’s premium of 45 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 4366.71 Cr,

Bought Index Option worth 14850.90 Cr,

Bought Stock Futures to the tune of 7074.12 Cr,

Sold Stock Options to the tune of 782.32 Cr,

Net Bought in the derivative segment to the tune of 25509.41 Cr.

In Cash Segment FII Bought 2,546.38 Cr & DII Bought 2,774.31 Cr.

The India VIX index is at 12.25 vs 12.62, ATM CE IV 16.87 & PE IV 11.22

Index options PCR is at 1.28 v/s 0.95 to its previous day closing.

Nifty Put options OI distribution shows that 24500 has the highest OI concentration followed by 24400 and 24200 which may act as support for current expiry.

Nifty Call options OI shows that 25000 has the highest OI followed by 25500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 50500 which may act as support for the current expiry.

BankNifty Call strike 52000 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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