BankNifty Futures open interest decreased by 3.99% - Angel Broking

The Nifty futures open interest increased by 2.78% while BankNifty futures open interest is decreased by 3.99% as market closed at 6104.30 levels.

The Nifty May future closed at discount of 14.05 point against a discount of 1.85 points. The June series closed at a premium of 6.10 points.

The Implied Volatility of at the money options has decreased from 19.14% to 18.10%.

Nifty PCR-OI has decreased from 1.25 to 1.24 levels.

The total OI of the market is Rs. 1,77,358/- cr. and the stock futures OI is Rs.37,564/- cr.

Few of the large cap stocks where we have seen low rollover are AMBUJACEM, DLF, M&M, ACC and ICICIBANK.

Source : Equity Bulls

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