Nifty June Futures closed at premium of 19.90 points - Angel Broking

The Nifty futures open interest decreased by 6.40% while BankNifty futures open interest is decreased by 1.41% as market closed at 5939.30 levels.

The Nifty Jun future closed at premium of 19.90 point against a premium of 14.10 points. The July series closed at a premium of 33.40 points.

The Implied Volatility of at the money options has increased from 15.99% to 16.42%.

Nifty PCR-OI has decreased from 1.03 to 0.98 levels. The total OI of the market is Rs. 1,13,397/- cr. and the stock futures OI is Rs.28,794/- cr.

Few of the liquid counters where we have seen high cost of carry are ADANIPOWER, UNITECH, JSWENERGY, GMRINFRA and HINDZINC.

Source : Equity Bulls

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