The Nifty futures open interest decreased by 3.94% while BankNifty futures open interest is decreased by 1.14% as market closed at 5921.40 levels.
The Nifty Jun future closed at premium of 15.45 point against a premium of 14.45 points. The July series closed at a premium of 30.60 points.
The Implied Volatility of at the money options has increased from 16.14% to 16.80%.
Nifty PCR-OI has increased from 0.98 to 0.99 levels. The total OI of the market is Rs. 1,25,989/- cr. and the
stock futures OI is Rs.29,833/- cr.
Few of the liquid counters where we have seen high cost of carry are INDIACEM, UNITECH, TATACHEM, APOLLOTYRE and PUNJLLOYD.