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HIGHLIGHTS

Nifty futures closed at 22899 yesterday on a positive note with price gain of 1.13% & 4.40% increase in the open interest indicating Long Build Up. It closed at a premium of 78 points compared to its previous day’s premium of 23 points. Bank Nifty closed at 49436 yesterday on a positive note with price gain of 0.65% & 6.73% decrease in open interest indicating Short Covering. It closed at a premium of 144 points compared to its previous day’s premium of 63 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1566 Cr,

Sold Index Option worth 8341 Cr,

Sold Stock Futures to the tune of 4545 Cr,

Bought Stock Options to the tune of 255 Cr,

Net Sold in the derivative segment to the tune of 11066 Cr.

In Cash Segment

FII Sold 6868 Cr & DII Bought 3718 Cr.

The India VIX index is at 16.80 vs 18.89, ATM CE IV 17.67 & PE IV 17.84

Index options PCR is at 1.03 vs 0.75 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22800 and 22700 which may act as support for current expiry.

Nifty Call options OI shows that 23500 has the highest OI followed by 23000 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 49000 has the highest OI concentration followed 49500 which may act as support for the current expiry.

BankNifty Call strike 50000 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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