Nifty Futures open interest increased by 2.05% - Angel Broking

The Nifty futures open interest increased by 2.05% while BankNifty futures open interest is increased by 18.02% as market closed at 5976.70 levels.

The Nifty July future closed at discount of 5.85 point against a premium of 14.45 points. The August series closed at a premium of 22.25 points.

The Implied Volatility of at the money options has increased from 16.96% to 17.67%.

Nifty PCR-OI has decreased from 1.28 to 1.26 levels.

The total OI of the market is Rs. 1,48,443/- cr. and the stock futures OI is Rs. 30,225/- cr.

Few of the liquid counters where we have seen high cost of carry are JPPOWER, ASHOKLEY, SINTEX, GSPL and CIPLA.

Source : Equity Bulls

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