Nifty Futures open interest increased by 1.19% - Angel Broking

The Nifty futures open interest increased by 1.19% while BankNifty futures open interest is decreased by 4.69% as market closed at 6114.10 levels.

The Nifty May future closed at premium of 2.80 point against a premium of 7.95 points. The June series closed at a premium of 13.20 points.

The Implied Volatility of at the money options has increased from 15.41% to 15.41%.

Nifty PCR-OI has decreased from 1.22 to 1.19 levels.

The total OI of the market is Rs. 1,66,572/- cr. and the stock futures OI is Rs.33,693/- cr.

Few of the liquid counters where we have seen high cost of carry are COLPAL, TATAGLOBAL, HEXAWARE, HINDZINC and ADANIPORTS.

Source : Equity Bulls

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