Market Commentary

Nifty June Futures traded at premium of 15.45 points - ZENMoney



Posted On : 2013-06-06 21:40:23( TIMEZONE : IST )

Nifty June Futures traded at premium of 15.45 points - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -0.04% to close at 5921.40 levels, in the previous trading session.

Nifty Futures for the Jun Series were trading at a premium of 15.45 points as against a premium of 14.45 points. Futures open interest has decreased to 1.24 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 3.61 Crore shares, the average implied volatility has decreased to 15.55%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 5800 to 6000 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 3.81 Cr shares, the average implied volatility has decreased to 18.19%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5600, 5700 and 5900 have seen addition of open interest, for the Jun series in the previous trading session.

Nifty Put-Call ratio of open interest is increased to 1.06 for the Jun series, which indicates addition of open interest in call options, in the previous trading session.

FIIs were net buyers in the F&O segment, to the tune of Rs 724 Cr in the Previous trading session.

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

Source : Equity Bulls

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