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HIGHLIGHTS:

Nifty Futures closed at 25247 yesterday on a negative note, with a price cut of 0.42% and 1.21% increase in the open interest, indicating a Short Build Up. It closed at a premium of 49 points compared to its previous day’s premium of 75 points. Bank Nifty closed at 51607 yesterday on a negative note with price cut of 0.44% & 2.70% increase in open interest indicating Short Build Up. It closed at a premium of 207 points compared to its previous day’s premium of 145 points

In Yesterday’s Trading Session

FII's Sold Index Futures to the tune of 1333 Cr,

Sold Index Option worth 29081 Cr,

Sold Stock Futures to the tune of 5541 Cr,

Sold Stock Options to the tune of 2196 Cr,

Net Sold in the derivative segment to the tune of 38152.30 Cr.

In Cash Segment FII Bought 975.46 Cr & DII Bought 97.35 Cr.

The India VIX index is at 14.238 vs 13.61, Nifty ATM IV is trading at 12.69, while BankNIfty IV is quoting at 14.94

Index options PCR is at 0.82 v/s 0.98 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24800 and 25200 which may act as support for current expiry.

Nifty Call options OI shows that 26000 has the highest OI followed by 25300 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 51500 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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