Nifty June Future closed with premium of 7.20 points - Angel Broking

The Nifty futures open interest decreased by 37.08% while BankNifty futures open interest is decreased by 28.44% as market closed at 6124.05 levels.

The Nifty Jun future closed at premium of 7.20 point against a premium of 6.10 points. The July series closed at a premium of 14.60 points.

The Implied Volatility of at the money options has decreased from 18.10% to 14.62%.

Nifty PCR-OI has decreased from 1.24 to 1.16 levels.

The total OI of the market is Rs. 1,04,148/- cr. and the stock futures OI is Rs.28,295/- cr.

Few of the liquid counters where we have seen high cost of carry are RENUKA, JISLALEQS, INDHOTEL, NHPC and CHAMBLEFERT.

Source : Equity Bulls

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