Nifty Futures Open Interest increases by 5.47% - Angel Broking

The Nifty futures open interest increased by 5.47% while BankNifty futures open interest is increased by 16.27% as market closed at 5688.95 levels.

The Nifty Apr. future closed at premium of 7.40 point against a discount of 0.35 points. The May series closed at a premium of 24.70 points.

The Implied Volatility of at the money options has decreased from 16.60% to 15.38%.

Nifty PCR-OI has increased from 0.93 to 1.02 levels.

The total OI of the market is Rs. 1,50,559/- cr. and the stock futures OI is Rs.28,804/- cr.

Few of the liquid counters where we have seen high cost of carry are JUBLFOOD, DISHTV, STER, DIVISLAB and IOB.

Source : Equity Bulls

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