Nifty Futures open interest increases by 6.75% - Angel Broking

The Nifty futures open interest increased by 6.75% while BankNifty futures open interest is increased by 4.63% as market closed at 5760.20 levels.

The Nifty Jun future closed at premium of 11.70 point against a premium of 12.85 points. The July series closed at a premium of 32.30 points.

The Implied Volatility of at the money options has decreased from 19.13% to 17.87%.

Nifty PCR-OI has decreased from 0.95 to 0.93 levels.

The total OI of the market is Rs. 1,40,418/- cr. and the stock futures OI is Rs.29,670/- cr.

Few of the liquid counters where we have seen high cost of carry are PTC, M&M, DISHTV, JPPOWER and PUNJLLOYD.

Source : Equity Bulls

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