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HIGHLIGHTS:

Nifty Futures closed at 24938 yesterday on a negative note, with a price gain of 0.58% and 0.59% decrease in the open interest, indicating a Short Bui. It closed at a premium of 20 points compared to its previous day’s premium of 42 points. Bank Nifty closed at 51124 on a negative note with price cut of 0.48% & 5.23% decrease in open interest indicating Short Build Up It closed at a premium of 114 points compared to its previous day’s premium of 99 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 476.5 Cr,

Sold Index Option worth 52217 Cr,

Sold Stock Futures to the tune of 2698 Cr,

Sold Stock Options to the tune of 736.5 Cr,

Net Sold in the derivative segment to the tune of 56129.60 Cr.

In Cash Segment FII Bought 1755.00 Cr & DII Sold 230.90 Cr.

The India VIX index is at 13.36 vs 13.36, Nifty ATM IV is trading at 12.73, while BankNifty IV is quoting at 15

Index options PCR is at 0.60 v/s 0.79 to its previous day closing.

Nifty Put options OI distribution shows that 24500 has the highest OI concentration followed by 24700 and 24600 which may act as support for current expiry.

Nifty Call options OI shows that 25000 has the highest OI followed by 25500 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 51000 has the highest OI concentration followed 50500 which may act as support for the current expiry.

BankNifty Call strike 51500 followed by 52000 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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