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HIGHLIGHTS

Nifty futures closed at 22643 yesterday on a positive note with price gain of 3.35% & 10.53% decrease in the open interest indicating Short Covering. It closed at a premium of 23 points compared to its previous day’s premium of 24 points. Bank Nifty closed at 49118 yesterday on a positive note with price gain of 4.31% & 13.41% increase in open interest indicating Long Build Up. It closed at a premium of 63 points compared to its previous day’s premium of 160 points.

In Yesterday’s Trading Session FII's

Bought Index Futures to the tune of 2511 Cr,

Bought Index Option worth 43981 Cr,

Bought Stock Futures to the tune of 1891 Cr,

Sold Stock Options to the tune of 991 Cr,

Net Bought in the derivative segment to the tune of 47391 Cr.

In Cash Segment

FII Sold 5656 Cr & DII Bought 4555 Cr.

The India VIX index is at 18.89 vs 26.75, ATM CE IV 17.65 & PE IV 20.49

Index options PCR is at 0.75 vs 0.73 to its previous day closing.

Nifty Put options OI distribution shows that 22000 has the highest OI concentration followed by 22500 and 22700 which may act as support for current expiry.

Nifty Call options OI shows that 23000 has the highest OI followed by 23200 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 49000 has the highest OI concentration followed 48500 which may act as support for the current expiry.

BankNifty Call strike 49500 followed by 49100 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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