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HIGHLIGHTS

Nifty futures closed at 23408 yesterday on a positive note with price gain of 3.12% & 2.89% decrease in the open interest indicating Short Covering. It closed at a premium of 144 points compared to its previous day’s premium of 170 points. Bank Nifty closed at 51283 yesterday on a positive note with price gain of 3.91% & 2.03% increase in open interest indicating Long Build Up. It closed at a premium of 303 points compared to its previous day’s premium of 368 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 7086 Cr,

Sold Index Option worth 5353 Cr,

Bought Stock Futures to the tune of 5968 Cr,Bought Stock Futures to the tune of 5968 Cr,

Sold Stock Options to the tune of 764 Cr,

Net Bought in the derivative segment to the tune of 7656 Cr.

In Cash Segment

FII Bought 6851 Cr & DII Bought 1914 Cr.

The India VIX index is at 20.94 vs 24.60, ATM CE IV 14.17 & PE IV 22.34

Index options PCR is at 1.04 vs 1.00 to its previous day closing.Index options PCR is at 1.04 vs 1.00 to its previous day closing.

Nifty Put options OI distribution shows that 23000 has the highest OI concentration followed by 23200 and 23500 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.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 51000 has the highest OI concentration followed 50800 which may act as support for the current expiry.

BankNifty Call strike 51000 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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