Nifty Futures Open Interest decreased by 4.59% - Angel Broking

The Nifty futures open interest decreased by 4.59% while BankNifty futures open interest is decreased by 13.57% as market closed at 5967.05 levels.

The Nifty May future closed at discount of 0.95 point against a premium of 9.55 points. The June series closed at a premium of 8.55 points.

The Implied Volatility of at the money options has increased from 16.28% to 17.88%.

Nifty PCR-OI has decreased from 1.18 to 1.12 levels.

The total OI of the market is Rs. 1,66,381/- cr. and the stock futures OI is Rs.33,180/- cr.

Few of the liquid counters where we have seen high cost of carry are JSWENERGY, CAIRN, DISHTV, CROMPGREAV and RENUKA.

Source : Equity Bulls

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