05-04-2024 09:49 AM | Source: Axis Securities Ltd
Sold Index Futures to the tune of 754 Cr - Axis Securities Ltd

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HIGHLIGHTS:

Nifty futures closed at 22612 yesterday on a positive note with price gain of 0.31% & 1.53% decrease in the open interest indicating Short Covering. It closed at a premium of 98 points compared to its previous day’s premium of 108 points. Bank Nifty closed at 48199 yesterday on a positive note with price gain of 0.60% & 11.52% decrease in open interest indicating Short Covering. It closed at a premium of 138 points compared to its previous day’s premium of 288 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 754 Cr,

Bought Index Option worth 90860 Cr,

Sold Stock Futures to the tune of 6587 Cr,

Sold Stock Options to the tune of 80 Cr,

Net Bought in the derivative segment to the tune of 83439 Cr.

In Cash Segment

FII Sold 1136 Cr & DII Sold 893 Cr.

The India VIX index is at 11.22 vs 11.37, ATM CE IV 12.02 & PE IV 13.09

Index options PCR is at 0.95 vs 1.00 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22100 and 22200 which may act as support for current expiry.

Nifty Call options OI shows that 22500 has the highest OI followed by 22800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47300 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 47500 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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