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Nifty

HIGHLIGHTS:

Nifty futures closed at 22133 yesterday on a negative note with price Cut of 0.59% & 0.36% decrease in the open interest indicating Long Unwinding. It closed at a premium of 110 points compared to its previous day’s premium of 118 points. Bank Nifty closed at 46695 yesterday on a negative note with price Cut of 0.64% & 1.00% Increase in open interest indicating Short Build Up. It closed at a premium of 101 points compared to its previous day’s premium of 206 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 633 Cr,

Sold Index Option worth 3772 Cr,

Sold Stock Futures to the tune of 1921 Cr,

Net Sold in the derivative segment to the tune of 5202 Cr.

In Cash Segment FII Bought 848 Cr & DII Sold 682 Cr

The India VIX index is at 13.69 vs 13.62, ATM CE IV 14.99 & PE IV 12.15

Bank Nifty

Index options PCR is at 0.99 vs 0.95 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 21800 and 21600 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 46500 has the highest OI concentration followed 47000 which may act as support for the current expiry.

BankNifty Call strike 47000 followed by 46500 witnessed significant OI concentration and may act as resistance for the current expiry.

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SEBI Registration number is INZ000161633