09-05-2024 10:07 AM | Source: Axis Securities Ltd
Sold Index Futures to the tune of 1892 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 22394 yesterday on a positive note with price Gain of 0.05% & 4.03% increase in the open interest indicating Long Build Up. It closed at a premium of 91 points compared to its previous day’s premium of 79 points. Bank Nifty closed at 48176 yesterday on a negative note with price cut of 0.36% & 1.10% increase in open interest indicating Short Build Up. It closed at a premium of 155 points compared to its previous day’s premium of 64 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1892 Cr,

Sold Index Option worth 11962 Cr,

Bought Stock Futures to the tune of 103 Cr,

Sold Stock Options to the tune of 495 Cr,

Net Sellers in the derivative segment to the tune of 2353 Cr.

In Cash Segment

FII Sold 6669 Cr & DII Bought 5929 Cr.

The India VIX index is at 17.08 vs 17.01, ATM CE IV 15.56 & PE IV 16.96

Index options PCR is at 0.77 vs 0.78 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21900 and 22300 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48000 has the highest OI concentration followed 47800 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 48500 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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