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HIGHLIGHTS:

Nifty Futures closed at 25017 yesterday on a negative note, with a price cut of 0.10% and 2.21% increase in the open interest, indicating a Short Build Up. It closed at a premium of 0.5 points compared to its previous day’s premium of 33 points. Bank Nifty closed at 51256 yesterday on a positive note with price Gain of 0.07% & 5.91% decrease in open interest indicating Short Covering. It closed at a discount of 23 points compared to its previous day’s increase of 71 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2058 Cr,

Bought Index Option worth 2862 Cr,

Bought Stock Futures to the tune of 4457 Cr,

Bought Stock Options to the tune of 1208 Cr,

Net Bought in the derivative segment to the tune of 10584 Cr.

In Cash Segment FII Bought 1503.76 Cr & DII Sold 604.08 Cr.

The India VIX index is at 13.63 vs 13.80, ATM CE IV 10.67 & PE IV 13.02

Index options PCR is at 1.11 v/s 1.22 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24500 and 24800 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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