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HIGHLIGHTS:

Nifty Futures closed at 25048 yesterday on a positive note, with a price gain of 0.12% and 5.27% increase in the open interest, indicating a Long Build Up. It closed at a discount of 4 points compared to its previous day’s premium of 0.5 points. Bank Nifty closed at 51428 yesterday on a negative note with price cut of 0.21% & 24.42% decrease in open interest indicating Long Unwinding. It closed at a premium of 285 points compared to its previous day’s discount of 23 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2103 Cr,

Sold Index Option worth 15871 Cr,

Sold Stock Futures to the tune of 3072 Cr,

Bought Stock Options to the tune of 1957 Cr,

Net Sold in the derivative segment to the tune of 14882.80 Cr.

In Cash Segment FII Sold 1347.53 Cr & DII Bought 439.35 Cr.

The India VIX index is at 13.95 vs 13.63, ATM CE IV 10.38 & PE IV 12.76

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

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24800 and 24700 which may act as support for current expiry.

Nifty Call options OI shows that 25500 has the highest OI followed by 25100 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 51500 followed by 51200 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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