Nifty Future Open Interest decreases by 3.15% - Angel Broking

- The Nifty futures open interest decreased by 3.15% while BankNifty futures open interest is decreased by 3.31% as market closed at 5988.40 levels.

- The Nifty Jan. future closed at premium of 35.30 point against a premium of 31.85 points. The Feb. series closed at a premium of 68.75 points.

- The Implied Volatility of at the money options is increased from 12.18% to 12.41%.

- Nifty PCR-OI has decreased from 1.05 to 1.03 levels.

- The total OI of the market is Rs.1,34,582/- cr. and the stock futures OI are Rs.37,979/- cr.

- Few of the liquid counters where we have seen high cost of carry are GVKPIL, GRASIM, ORIENTBANK, RPOWER and TATAMTRDVR.

Source : Equity Bulls

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