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HIGHLIGHTS:

Nifty Futures closed at 25237 yesterday on a negative note, with a price cut of 0.04% and 1.92% decrease in the open interest, indicating a Long Unwinding.

It closed at a premium of 92 points compared to its previous day’s premium of 49 points.

Bank Nifty closed at 51728 yesterday on a positive note with price gain of 0.23% & 1.51% decrease in open interest indicating Short Covering.

It closed at a premium of 255 points compared to its previous day’s premium of 207 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 670 Cr,

Sold Index Option worth 58671 Cr,

Sold Stock Futures to the tune of 4200 Cr,

Sold Stock Options to the tune of 2698 Cr,

Net Sold in the derivative segment to the tune of 66240 Cr.

In Cash Segment

FII Sold 688.69 Cr & DII Bought 2970.74 Cr.

The India VIX index is at 14.21 vs 14.23, Nifty ATM IV is trading at 12.09, while BankNifty IV is quoting at 12.99

Index options PCR is at 0.97 v/s 0.82 to its previous day closing.

Nifty Put options OI distribution shows that 25000 has the highest OI concentration followed by 24800 and 25200 which may act as support for current expiry.

Nifty Call options OI shows that 26000 has the highest OI followed by 25300 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 51500 which may act as support for the current expiry.

BankNifty Call strike 52000 followed by 51500 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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