20-03-2024 10:17 AM | Source: Axis Securities Ltd
Sold Index Futures to the tune of 2143 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 21887 yesterday on a negative note with price Cut of 1.12% & 2.26% decrease in the open interest indicating Long Unwinding. It closed at a premium of 69 points compared to its previous day’s premium of 80 points. Bank Nifty closed at 46449 yesterday on a negative note with price Cut of 0.63% & 1.24% Increase in open interest indicating Short Build Up. It closed at a premium of 64 points compared to its previous day’s premium of 166 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 2143 Cr,

Sold Index Option worth 14546 Cr,

Bought Stock Futures to the tune of 1218 Cr

Net Sold in the derivative segment to the tune of 14982 Cr.

In Cash Segment

FII Bought 1421 Cr & DII Bought 7449 Cr

The India VIX index is at 14.11 vs 13.90, ATM CE IV 15.42 & PE IV 16.39

Index options PCR is at 0.73 vs 0.95 to its previous day closing

Nifty Put options OI distribution shows that 21800 has the highest OI concentration followed by 21500 and 21400 which may act as support for current expiry.

Nifty Call options OI shows that 22000 has the highest OI followed by 22200 which may act as resistance for current expiry

BankNifty Put options OI distribution shows that 46000 has the highest OI concentration followed 46500 which may act as support for the current expiry.

BankNifty Call strike 46500 followed by 46400 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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