Nifty Futures Open Interest increased by 5.66% - Angel Broking

The Nifty futures open interest increased by 5.66% while BankNifty futures open interest is increased by 1.97% as market closed at 5995.40 levels.

The Nifty May future closed at premium of 10.60 point against a premium of 14.00 points. The June series closed at a premium of 15.95 points.

The Implied Volatility of at the money options has decreased from 16.14% to 15.86%.

Nifty PCR-OI has increased from 1.16 to 1.19 levels.

The total OI of the market is Rs. 1,54,486/- cr. and the stock futures OI is Rs.31,089/- cr.

Few of the liquid counters where we have seen high cost of carry are JPPOWER, TATACOMM, NHPC, GSPL and ASHOKLEY.

Source : Equity Bulls

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