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HIGHLIGHTS

Nifty futures closed at 22654 yesterday on a positive note with price Gain of 1.07% &27.06% decrease in the open interest indicating Short Covering. It closed at a premium of 84 points compared to its previous day’s premium of 107 points. Bank Nifty closed at 48632 yesterday on a positive note with price Gain of 0.58% & 18.46% increase in open interest indicating Long Build Up. It closed at a premium of 137 points compared to its previous day’s premium of 161 points

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 272 Cr,

Bought Index Option worth 89371 Cr

Bought Stock Futures to the tune of 10681 Cr

Sold Stock Options to the tune of 1144 Cr,

Net Bought in the derivative segment to the tune of 98636 Cr.

In Cash Segment

FII Sold 2823 Cr & DII Bought 6167 Cr.

The India VIX index is at 10.83 vs 10.19, ATM CE IV 9.35 & PE IV 12.52

Index options PCR is at 1.28 vs 1.16 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22400 and 22300 which may act as support for current expiry.

Nifty Call options OI shows that 22900 has the highest OI followed by 22500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48500 has the highest OI concentration followed 48200 which may act as support for the current expiry.

BankNifty Call strike 49000 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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