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HIGHLIGHTS:

Nifty Futures closed at 24485 yesterday on a positive note, with a price gain of 0.45% and a 1.53% Increase in the open interest, indicating a Long Build Up. It closed at a premium of 52 points compared to its previous day’s premium of 52 points. Bank Nifty closed at 52616 yesterday on a positive note with price gain of 0.11% & 0.12 decrease in open interest indicating Short Covering It closed at a premium of 47 points compared to its previous day’s discount of 100 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 498.31 Cr,

Sold Index Option worth 28435.1 Cr,

Bought Stock Futures to the tune of 1245.77 Cr,

Bought Stock Options to the tune of 189.77 Cr,

Net Sold in the derivative segment to the tune of 26501.20 Cr.

In Cash Segment FII Bought 314.46 Cr & DII Bought 1416.46 Cr.

The India VIX index is at 14.28 vs 13.60, ATM CE IV 17.04 & PE IV 11.58

Index options PCR is at 1.13 v/s 0.98 to its previous day closing.

Nifty Put options OI distribution shows that 24000 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 24500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 52500 has the highest OI concentration followed 52000 which may act as support for the current expiry.

BankNifty Call strike 53000 followed by 52500 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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