Long unwinding seen in Nifty Future - IIFL

- Long unwinding was seen in Nifty future and Bank Nifty future which shed ~0.56mn and ~0.004 shares in open interest.

- On options side, maximum open interest for Nifty January call is at 6,200 strike, while for the put is at 5,800 strike.

- Call writing was seen at Nifty 6,100 January strike which added ~0.51mn shares in open interest.

- Nifty January 5,900 strike put which added 0.40mn shares in open interest has seen buying in yesterday trade.

- Long build-up was seen in Metals and Pharma sector, while short addition was seen in Capital goods and Cement sector.

Source : Equity Bulls

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