29-04-2024 10:04 AM | Source: Axis Securities Ltd
Sold Index Futures to the tune of 1972 Cr - Axis Securities Ltd

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HIGHLIGHTS

Nifty futures closed at 22556 yesterday on a negative note with price Cut of 0.43% & 7.90% decrease in the open interest indicating Long Unwinding. It closed at a premium of 136 points compared to its previous day’s premium of 84 points. Bank Nifty closed at 48380 yesterday on a negative note with price Cut of 0.52% & 4.54% decrease in open interest indicating Long Unwinding. It closed at a premium of 179 points compared to its previous day’s premium of 137 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1972 Cr,

Bought Index Option worth 8140 Cr,

Sold Stock Futures to the tune of 6377 Cr,

Bought Stock Options to the tune of 650 Cr,

Net Bought in the derivative segment to the tune of 441 Cr.

In Cash Segment

FII Sold 3409 Cr & DII Bought 4357 Cr.

The India VIX index is at 10.93 vs 10.83, ATM CE IV 13.75 & PE IV 9.52

Index options PCR is at 0.96 vs 1.28 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22500 and 22400 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22600 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48000 has the highest OI concentration followed 48200 which may act as support for the current expiry.

BankNifty Call strike 48500 followed by 48600 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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