Sold Index Futures to the tune of 2257 Cr - Axis Securities Ltd
HIGHLIGHTS
Nifty futures closed at 22415 yesterday on a positive note with price Gain of 0.20% & 2.91% increase in the open interest indicating Long Build Up. It closed at a premium of 12 points compared to its previous day’s discount of 3 points. Bank Nifty closed at 48350 yesterday on a positive note with price Gain of 0.75% & 23.40% decrease in open interest indicating Short Covering. It closed at a premium of 161 points compared to its previous day’s premium of 21 points.
In Yesterday’s Trading Session FII's
Sold Index Futures to the tune of 2257 Cr,
Sold Index Option worth 28820 Cr,
Bought Stock Futures to the tune of 3953 Cr,
Bought Stock Options to the tune of 489 Cr,
Net Sold in the derivative segment to the tune of 26635 Cr.
In Cash Segment
FII Sold 2512 Cr & DII Bought 3810 Cr.
The India VIX index is at 10.19 vs 12.70, ATM CE IV 17.58 & PE IV 12.01
Index options PCR is at 1.06 vs 1.06 to its previous day closing.
Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22300 and 22200 which may act as support for current expiry.
Nifty Call options OI shows that 22500 has the highest OI followed by 22700 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 48200 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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Tag News
Weekly Market Wrap by Amol Athawale, VP-Technical Research, Kotak Securities