Nifty loses 0.78% to close at 5939.30 - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -0.78% to close at 5939.30 levels, in the previous trading session.

Nifty Futures for the Jun Series were trading at a premium of 19.90 points as against a premium of 14.10 points. Futures open interest has decreased to 1.38 cr shares, which indicates closure of short positions, in the previous trading session.

Open interest of all Call options for the Jun series has increased to 3.11 Crore shares, the average implied volatility has increased to 15.09%, which indicates addition of long positions, in the previous trading session.

Call options strikes from 5900 and 6200 have seen addition of open interest, for the Jun series in the previous trading session.

Open interest of all Put options for the Jun series has increased to 3.24 Cr shares, the average implied volatility has decreased to 18.36%, which indicates addition of short positions, in the previous trading session.

Put options strikes of 5800 and 5900 have seen addition of open interest, for the Jun series in the previous trading session.

Nifty Put-Call ratio of open interest has decreased to 1.04 for the Jun series, which indicates closure of open interest in call options, in the previous trading session.

FIIs were net sellers in the F&O segment, to the tune of Rs -121 Cr in the trading session.

Overall derivatives data for the Jun series indicates that Nifty Futures have seen addition of short positions, while Call options have seen addition of long positions and Put options have seen addition of short positions in the previous trading session.

Source : Equity Bulls

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