Nifty Futures Open Interest increased by 4.56% - Angel Broking

The Nifty futures open interest increased by 4.56% while BankNifty futures open interest is decreased by 3.47% as market closed at 5867.90 levels.

The Nifty July future closed at premium of 7.05 point against a premium of 3.15 points. The August series closed at a premium of 30.30 points.

The Implied Volatility of at the money options has increased from 17.75% to 17.90%.

Nifty PCR-OI has increased from 1.14 to 1.18 levels.

The total OI of the market is Rs. 1,25,240/- cr. and the stock futures OI is Rs. 27,727/- cr.

Few of the liquid counters where we have seen high cost of carry are JPPOWER, GSPL, GMRINFRA, STER and DABUR.

Source : Equity Bulls

Keywords