Nifty Futures Open Interest increased by 2.40% - Angel Broking

The Nifty futures open interest increased by 2.40% while BankNifty futures open interest is decreased by 1.39% as market closed at 5930.20 levels.

The Nifty May future closed at discount of 1.20 point against a premium of 14.10 points. The June series closed at a premium of 8.55 points.

The Implied Volatility of at the money options has increased from 13.21% to 13.72%.

Nifty PCR-OI has increased from 1.05 to 1.08 levels.

The total OI of the market is Rs. 1,16,438/- cr. and the stock futures OI is Rs.25,912/- cr.

Few of the liquid counters where we have seen high cost of carry are INDHOTEL, TATACHEM, GSPL, ASHOKLEY and COLPAL.

Source : Equity Bulls

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