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HIGHLIGHTS:

Nifty Futures closed at 24644 yesterday on a positive note, with a price gain of 0.09% and a 1.62% increase in the open interest, indicating a Long Build Up. It closed at a premium of 32 points compared to its previous day’s premium of 35 points. Bank Nifty closed at 52529 yesterday on a negative note with price loss of 0.19% & 3.52% decrease in open interest indicating Long Unwinding. It closed at a premium of 132 points compared to its previous day’s premium of 174 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 58.44 Cr,

Sold Index Option worth 19133.9 Cr,

Sold Stock Futures to the tune of 3335.25 Cr,

Bought Stock Options to the tune of 383.53 Cr,

Net Sold in the derivative segment to the tune of 22144.10 Cr.

In Cash Segment FII Bought 1,271.45 Cr & DII Sold -529.48 Cr.

The India VIX index is at 14.22 vs 14.19, ATM CE IV 16.87 & PE IV 14.39

Index options PCR is at 1.10 v/s 1.17 to its previous day closing.

Nifty Put options OI distribution shows that 24000 has the highest OI concentration followed by 24500 and 24300 which may act as support for current expiry.

Nifty Call options OI shows that 25000 has the highest OI followed by 24700 which may act as resistance for current expiry.

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

BankNifty Call strike 52500 followed by 53000 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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