15-05-2024 09:38 AM | Source: Axis Securities Ltd
Sold Index Futures to the tune of 2364 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 22308 yesterday on a positive note with price gain of 0.48% & 1.62% decrease in the open interest indicating Short Covering. It closed at a premium of 91 points compared to its previous day’s premium of 97 points. Bank Nifty closed at 48092 yesterday on a positive note with price gain of 0.18% & 2.60% increase in open interest indicating Long Build Up. It closed at a premium of 232 points compared to its previous day’s premium of 250 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 2364 Cr,

Sold Index Option worth 12904 Cr,

Sold Stock Futures to the tune of 1169 Cr,

Bought Stock Options to the tune of 442 Cr,

Net Sellers in the derivative segment to the tune of 15995 Cr.

In Cash Segment

FII Sold 4066 Cr & DII Bought 3528 Cr.

The India VIX index is at 20.19 vs 20.60, ATM CE IV 14.68 & PE IV 14.24

Index options PCR is at 1.02 vs 0.97 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22100 and 21900 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22300 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47800 which may act as support for the current expiry.

BankNifty Call strike 48000 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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