Nifty Futures Open Interest increases by 6.05% - Angel Broking

The Nifty futures open interest increased by 6.05% while BankNifty futures open interest is decreased by 1.42% as market closed at 5568.40 levels.

The Nifty Apr. future closed at discount of 0.35 point against a premium of 6.65 points. The May series closed at a premium of 19.70 points.

The Implied Volatility of at the money options has increased from 15.60% to 16.60%.

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

The total OI of the market is Rs. 1,45,769/- cr. and the stock futures OI is Rs.27,896/- cr.

Few of the liquid counters where we have seen high cost of carry are GMRINFRA, ASHOKLEY, WELCORP, RENUKA and GSPL.

Source : Equity Bulls

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