Nifty Future adds 1.26 mn shares in open interest - IIFL

Nifty future which added ~1.26mn shares in open interest has seen fresh addition of short position along with decreased in cost of carry.

Unwinding was seen in Bank Nifty future which shed ~0.03mn shares in open interest

Nifty Apr 5,500 strike which added ~1.53mn shares in open interest has seen fresh writing.

Put unwinding was seen in Nifty Apr 5,500 put which shed ~0.19mn shares in open interest.

Short addition was seen in Telecom, Banking and Infra Sector.

Source : Equity Bulls

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