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HIGHLIGHTS:

Nifty Futures closed at 24521 yesterday on a positive note, with a price gain of 0.57% and a 3.62% increase in the open interest, indicating a Long Build Up. It closed at a premium of 19 points compared to its previous day’s premium of 67 points. Bank Nifty closed at 52367 yesterday on a positive note with price Cut of 0.14% & 3.57% decrease in open interest indicating Long Unwinding. It closed at a premium of 88 points compared to its previous day’s premium of 169 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 1414.40 Cr,

Sold Index Option worth 5451.07 Cr,

Bought Stock Futures to the tune of 6539.33 Cr,

Sold Stock Options to the tune of 68.39 Cr,

Net Bought in the derivative segment to the tune of 2434.27 Cr.

In Cash Segment FII Bought 4021.60 Cr & DII Sold 1651.45 Cr.

The India VIX index is at 13.72 vs 13.99, ATM CE IV 16.95 & PE IV 9.81

Index options PCR is at 1.04 v/s 0.98 to its previous day closing.

Nifty Put options OI distribution shows that 24000 has the highest OI concentration followed by 24400 and 24400 which may act as support for current expiry.

Nifty Call options OI shows that 25000 has the highest OI followed by 24500 which may act as resistance for current expiry.

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

BankNifty Call strike 53000 followed by 52500 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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