Nifty PCR Open Interest decreases to 1.13 levels - Angel Broking

The Nifty futures open interest increased by 1.15% while BankNifty futures open interest is increased by 3.11% as market closed at 5816.70 levels.

The Nifty July future closed at premium of 5.35 point against a premium of 9.35 points. The August series closed at a premium of 27.40 points.

The Implied Volatility of at the money options has increased from 19.13% to 19.98%.

Nifty PCR-OI has decreased from 1.18 to 1.13 levels.

The total OI of the market is Rs. 1,33,096/- cr. and the stock futures OI is Rs. 28,516/- cr.

Few of the liquid counters where we have seen high cost of carry are OPTOCIRCUI, JPPOWER, IGL, ASHOKLEY and HEXAWARE.

Source : Equity Bulls

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