23-01-2024 11:14 AM | Source: Axis Securities Ltd
Net Sold in the derivative segment to the tune of 13578 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 21604 yesterday on a negative note with 1.48% increase in the open interest indicating Short Build Up.

It closed at a premium of 32 points compared to its previous day’s premium of 50 points.

Bank Nifty closed at 46136 yesterday on a positive note with a 10.76% decrease in open interest indicating Short Covering.

It closed at a premium of 78 points compared to its previous day’s premium of 96 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 528 Cr,

Sold Index Option worth 14776 Cr,

Bought Stock Futures to the tune of 654 Cr,

Net Sold in the derivative segment to the tune of 13578 Cr.

In Cash Segment FII Sold 546 Cr & DII Sold 719 Cr

The India VIX index is at 13.80 vs 13.88, ATM CE IV 14.36 & PE IV 13.86

Index options PCR is at 0.86 vs 0.96 to its previous day closing.

Nifty Put options OI distribution shows that 21500 has the highest OI concentration followed by 21600 and 21400 which may act as support for current expiry.

Nifty Call options OI shows that 21700 has the highest OI followed by 22000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 45500 which may act as support for the current expiry.

BankNifty Call strike 46500 followed by 46000 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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