Market Commentary

Nifty Futures Open Interest decreases by 4.19% - Angel Broking



Posted On : 2013-01-22 21:30:20( TIMEZONE : IST )

Nifty Futures Open Interest decreases by 4.19% - Angel Broking

- The Nifty futures open interest decreased by 4.19% while BankNifty futures open interest is increased by 3.46% as market closed at 6048.50 levels.

- The Nifty Jan. future closed at premium of 13.05 point against a premium of 14.14 points. The Feb. series closed at a premium of 51.40 points.

- The Implied Volatility of at the money options is increased from 11.41% to 11.83%.

- Nifty PCR-OI has decreased from 1.17 to 1.12 levels.

- The total OI of the market is Rs.1,58,992/- cr. and the stock futures OI are Rs.39,139/- cr.

- Few of the liquid counters where we have seen high cost of carry are WELCORP, HDIL, SUZLON, COALINDIA and YESBANK.

Source : Equity Bulls

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