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HIGHLIGHTS:

Nifty Futures closed at 24206 yesterday on a positive note, with a price gain of 0.31% and a 3.27% increase in the open interest, indicating a Long Build Up. It closed at a premium of 64 points compared to its previous day’s premium of 121 points. Bank Nifty closed at 52709 yesterday on a positive note with price gain of 0.34% & 3.30 increase in open interest indicating Long Build Up. It closed at a premium of 134 points compared to its previous day’s premium of 187 points.

In Yesterday’s Trading Session

FII's Bought Index Futures to the tune of 263.90 Cr,

Sold Index Option worth 24933.30 Cr,

Sold Stock Futures to the tune of 983.05 Cr,

Sold Stock Options to the tune of 319.71 Cr,

Net Sold in the derivative segment to the tune of 25972.10 Cr.

In Cash Segment FII Sold 426.03 Cr & DII Bought 3917.43 Cr.

The India VIX index is at 13.83 vs 13.18, ATM CE IV 17.27 & PE IV 12.67

Index options PCR is at 1.07 v/s 0.98 to its previous day closing.

Nifty Put options OI distribution shows that 24000 has the highest OI concentration followed by 23500 and 23800 which may act as support for current expiry.

Nifty Call options OI shows that 24500 has the highest OI followed by 24700 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 52000 has the highest OI concentration followed 52500 which may act as support for the current expiry.

BankNifty Call strike 53000 followed by 52500 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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