16-04-2024 09:50 AM | Source: Axis Securities Ltd
Sold Index Futures to the tune of 3850 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 22357 yesterday on a negative note with price Cut of 1.08% & 9.80% increase in the open interest indicating Long Unwinding. It closed at a premium of 85 points compared to its previous day’s premium of 82 points. Bank Nifty closed at 47851 yesterday on a negative note with price Cut of 1.77% & 5.19% decrease in open interest indicating Long Unwinding. It closed at a premium of 78 points compared to its previous day’s premium of 150 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 3850 Cr,

Sold Index Option worth 31616 Cr,

Bought Stock Futures to the tune of 1209 Cr,

Bought Stock Options to the tune of 396 Cr,

Net Sold in the derivative segment to the tune of 18176 Cr.

In Cash Segment

FII Sold 3268 Cr & DII Bought 4763 Cr.

The India VIX index is at 12.47 vs 11.53, ATM CE IV 14.90 & PE IV 10.96

Index options PCR is at 0.8` vs 0.87 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22200 and 22300 which may act as support for current expiry.

Nifty Call options OI shows that 22700 has the highest OI followed by 22500 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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