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HIGHLIGHTS:

HIGHLIGHTS: Nifty futures closed at 21472 yesterday on a positive note with 4.04% increase in the open interest indicating Long Build Up.

It closed at a premium of 31 points compared to its previous day’s premium of 53 points.

Bank Nifty closed at 47825 yesterday on a positive note with a 2.44% increase in open interest indicating Long Build Up.

It closed at a premium of 101 points compared to its previous day’s premium of 84 points.

In Yesterday’s Trading Session FII's

Sold Index Futures to the tune of 777 Cr, Bought Index Option worth 25535 Cr,

Bought Stock Futures to the tune of 1008 Cr,

Net Bought in the derivative segment to the tune of 25768 Cr.

In Cash Segment FII Sold 95 Cr & DII Bought 167 Cr.

The India VIX index is at 14.68 vs 13.71, ATM CE IV 14.00 & PE IV 15.88

Index options PCR is at 1.23 vs 1.18 to its previous day closing.

Nifty Put options OI distribution shows that 21300 has the highest OI concentration followed by 21000 and 21400 which may act as support for current expiry.

Nifty Call options OI shows that 21500 has the highest OI followed by 21600 which may act as resistance for current expiry.

BankNifty Put options OI distribution shows that 47500 has the highest OI concentration followed 47600 which may act as support for the current expiry.

BankNifty Call strike 48000 followed by 48200 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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