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HIGHLIGHTS:

Nifty futures closed at 22748 yesterday on a positive note with price gain of 0.67% & 10.21% increase in the open interest indicating Long Build Up. It closed at a premium of 82 points compared to its previous day’s premium of 82 points. Bank Nifty closed at 48691 yesterday on a positive note with price gain of 0.07% & 3.69% decrease in open interest indicating Short Covering. It closed at a premium of 109 points compared to its previous day’s premium of 165 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1262 Cr,

Sold Index Option worth 30524 Cr,

Bought Stock Futures to the tune of 623 Cr,

Sold Stock Options to the tune of 393 Cr,

Net Sold in the derivative segment to the tune of 29032 Cr.

In Cash Segment

FII Sold 685 Cr & DII Bought 3471 Cr.

The India VIX index is at 11.61 vs 11.34, ATM CE IV 13.94 & PE IV 13.65

Index options PCR is at 1.29 vs 1.03 to its previous day closing.

Nifty Put options OI distribution shows that 22500 has the highest OI concentration followed by 22600 and 22400 which may act as support for current expiry.

Nifty Call options OI shows that 23000 has the highest OI followed by 22800 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 48500 has the highest OI concentration followed 48200 which may act as support for the current expiry.

BankNifty Call strike 49000 followed by 48500 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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