Nifty Futures Open Interest increases by 1.87% - Angel Broking

The Nifty futures open interest increased by 1.87% while BankNifty futures open interest is increased by 6.35% as market closed at 5528.55 levels.

The Nifty Apr. future closed at premium of 6.65 point against a premium of 0.80 point. The May series closed at a premium of 24.90 points.

The Implied Volatility of at the money options has decreased from 16.17% to 15.60%.

Nifty PCR-OI has decreased from 0.93 to 0.89 levels.

The total OI of the market is Rs. 1,41,418/- cr. and the stock futures OI is Rs.27,428/- cr.

Few of the liquid counters where we have seen high cost of carry are WELCORP, JISLJALEQS, SINTEX, JPOWER and RENUKA.

Source : Equity Bulls

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