Market Commentary

Nifty Futures open interest decreased by 1.43% - Angel Broking



Posted On : 2013-06-04 21:09:06( TIMEZONE : IST )

Nifty Futures open interest decreased by 1.43% - Angel Broking

The Nifty futures open interest decreased by 1.43% while BankNifty futures open interest is decreased by 1.64% as market closed at 5919.45 levels.

The Nifty Jun future closed at premium of 12.90 point against a premium of 19.90 points. The July series closed at a premium of 27.25 points.

The Implied Volatility of at the money options has increased from 16.42% to 16.76%.

Nifty PCR-OI has remained unchanged at 0.98 levels.

The total OI of the market is Rs. 1,17,058/- cr. and the stock futures OI is Rs.28,967/- cr.

Few of the liquid counters where we have seen high cost of carry are SUNPHARMA, GMRINFRA, GSPL, RENUKA and HEXAWARE.

Source : Equity Bulls

Keywords