Nifty gains 2.52% to close at 6146.75 - ZEN Money

Nifty traded on a positive note amid buying interest in select frontline stocks. Nifty gained by 2.52% to close at 6146.75 levels, in the previous trading session.

- Nifty Futures for the May Series were trading at a premium of 14.75 points as against a premium of 10.60 points. Futures open interest has increased to 2.50 cr shares, which indicates addition of long positions, in the previous trading session.

- Open interest of all Call options for the May series has increased to 3.89 Crore shares, the average implied volatility has increased to 15.18%, which indicates addition of long positions, in the previous trading session.

- Call options strikes from 6400 has seen addition of open interest, for the May series in the previous trading session.

- Open interest of all Put options for the May series has increased to 5.49 Cr shares, the average implied volatility has increased to 21.82%, which indicates addition of long positions, in the previous trading session.

- Put options strikes of 6000 to 6200 has seen addition of open interest, for the May series in the previous trading session.

- Nifty Put-Call ratio of open interest has increased to 1.41 for the May series, which indicates addition of open interest in call options, in the previous trading session.

- FIIs were net buyers in the F&O segment, to the tune of Rs 190 Cr in the trading session.

- Overall derivatives data for the May series indicates that Nifty Futures, Call and Put options have seen addition of long positions, in the previous trading session.

Source : Equity Bulls

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