Market Commentary

Nifty July Futures trading at premium of 9.35 points - ZENMoney



Posted On : 2013-07-09 22:10:02( TIMEZONE : IST )

Nifty July Futures trading at premium of 9.35 points - ZENMoney

Nifty traded on a Positive note amid buying interest in select frontline stocks. Nifty gained by 0.82% to close at 5859 levels, in the previous trading session.

Nifty Futures for the Jul Series were trading at a premium of 9.35 points against a premium of 17.70 points. Futures open interest has increased to 1.54 Cr shares, which indicates addition of short positions, in the previous trading session.

Open interest of all Call options for the Jul series has increased to 3.32 Crore shares, the average implied volatility has decreased to 16.18%, which indicates addition of short positions, in the previous trading session.

Call options strikes of 5900 to 6200 have seen addition of open interest, for the Jul series in the previous trading session.

Open interest of all Put options for the Jul series has increased to 4.57 Cr shares, the average implied volatility has increased to 22.27%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 5700 to 6000 have seen addition of open interest, for the Jul series in the previous trading session.

Nifty Put-Call ratio of open interest has decreased to 1.38 for the Jul 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 564 Cr in the Previous trading session. Overall derivatives data for the Jul series indicates that Nifty Futures and Call options have seen addition of short positions, While Put potions have seen addition of long positions, for the Jul series in the previous trading session.

Source : Equity Bulls

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