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HIGHLIGHTS

Nifty futures closed at 22701 yesterday on a positive note with price gain of 0.32% & 8.31% increase in the open interest indicating Long Build Up. It closed at a premium of 170 points compared to its previous day’s premium of 139 points.

Bank Nifty closed at 49352 yesterday on a positive note with price gain of 0.64% & 6.47% decrease in open interest indicating Short Covering. It closed at a premium of 368 points compared to its previous day’s premium of 355 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 1051 Cr,

Sold Index Option worth 27451 Cr,

Bought Stock Futures to the tune of 4971 Cr,

Sold Stock Options to the tune of 338 Cr,

Net Sold in the derivative segment to the tune of 22869 Cr.

In Cash Segment FII Bought 1613 Cr & DII Bought 2114 Cr.

The India VIX index is at 24.60 vs 24.17, ATM CE IV 14.16 & PE IV 31.60

Index options PCR is at 1.00 vs 1.12 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22300 and 22600 which may act as support for current expiry.

Nifty Call options OI shows that 23000 has the highest OI followed by 22600 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 49000 has the highest OI concentration followed 48700 which may act as support for the current expiry.

BankNifty Call strike 49000 followed by 49500 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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