Market Commentary

Bank Nifty Future sheds 0.042 million shares - IIFL



Posted On : 2012-12-24 10:44:56( TIMEZONE : IST )

Bank Nifty Future sheds 0.042 million shares - IIFL

- Nifty future added ~0.27mn shares in open interest, while Bank Nifty future shed ~0.042mn shares in open interest.

- On Option front, Nifty December series maximum open interest for the Call is at 6,000 strike, while for the put stood at 5,800 strike.

- Call writing was seen at Nifty 5,900 December strike which added ~1.52mn shares in open interest.

- Nifty December 5,800 strike put which shed 0.66mn shares in open interest witnessed unwinding.

- Short addition was seen in Infra and Capital Goods sector, while Long Unwinding was seen in Banking and Auto sector.

Source : Equity Bulls

Keywords