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F&O Highlights

LONG BUILD UP WAS SEEN IN THE NIFTY & BANK NIFTY FUTURES

Create Longs with the SL of 24800 Levels

* In yesterday session Nifty after Opening 66 points higher at 24,919, the index extended its gains to 25,079 in the early morning session. Post 11 A.M., Nifty entered a narrow consolidation, ultimately closing with a gain of 148 points (0.60%) at 25,001, marking its highest close since May 16, 2025.

* Long Build-Up was seen in the Nifty Futures where Open Interest rose by 1.68% with Nifty rising by 0.60%.

* Long Build-Up was seen in the Bank Nifty Futures where Open Interest rose by 1.70% with Bank Nifty rising by 0.31%.

* Nifty Open Interest Put Call ratio fell to 1.06 levels from 1.09 levels.

* Amongst the Nifty options (29-May Expiry), Call writing is seen at 25100-25200 levels, indicating Nifty is likely to find strong resistance in the vicinity of 25100-25200 levels. On the lower side, an immediate support is placed in the vicinity of 24800-24900 levels where we have seen Put writing.

* Long build-up was seen by FII's in the Index Futures segment where they net bought worth 565 cr with their Open Interest going up by 8817 contracts.

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