BankNifty Futures open interest increases by 6.33% - Angel Broking

The Nifty futures open interest decreased by 5.86% while BankNifty futures open interest is increased by 6.33% as market closed at 5955.25 levels.

The Nifty July future closed at premium of 14.45 point against a premium of 1.80 points. The August series closed at a premium of 38.80 points.

The Implied Volatility of at the money options has increased from 16.93% to 16.96%.

Nifty PCR-OI has decreased from 1.33 to 1.28 levels.

The total OI of the market is Rs. 1,44,218/- cr. and the stock futures OI is Rs. 30,008/- cr.

Few of the liquid counters where we have seen high cost of carry are BHARATFORG, ASHOKLEY, NHPC, SINTEX and NTPC.

Source : Equity Bulls

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