14-06-2024 09:41 AM | Source: Axis Securities Ltd
Sold Index Option worth 71912 Cr - Axis Securities Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

HIGHLIGHTS:

Nifty futures closed at 23399 yesterday on a positive note with price gain of 0.19% & 0.86% decrease in the open interest indicating Short Covering. It closed at a premium of 0.3 points compared to its previous day’s premium of 32 points. Bank Nifty closed at 49912 yesterday on a positive note with price gain of 0.0% & 0.89% decrease in open interest indicating Long Unwinding. It closed at a premium of 65 points compared to its previous day’s premium of 20 points

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2717 Cr,

Sold Index Option worth 71912 Cr,

Sold Stock Futures to the tune of 300 Cr,

Sold Stock Options to the tune of 290 Cr,

Net Sold in the derivative segment to the tune of 69785.10 Cr.

In Cash Segment

FII Sold 3033 Cr & DII Sold 533.88 Cr.

The India VIX index is at 13.49 vs 14.39, ATM CE IV 17.64 & PE IV 11.60

Index options PCR is at 1.08 vs 0.90 to its previous day closing.

Nifty Put options OI distribution shows that 23000 has the highest OI concentration followed by 23400 and 23300 which may act as support for current expiry.

Nifty Call options OI shows that 24000 has the highest OI followed by 23400 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 50000 has the highest OI concentration followed 49500 which may act as support for the current expiry.

BankNifty Call strike 50000 followed by 50500 witnessed significant OI concentration and may act as resistance for the current expiry.

Nifty Options OI Distribution-Weekly

 

Bank Nifty Options OI Distribution-Weekly

 

For More Axis Securities Disclaimer https://simplehai.axisdirect.in/disclaimer-home

SEBI Registration number is INZ000161633

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer