Market Commentary

Nifty lost 0.15% - ZENMoney



Posted On : 2013-07-21 21:33:02( TIMEZONE : IST )

Nifty lost 0.15% - ZENMoney

Nifty traded on a negative note amid selling pressure in select frontline stocks. Nifty lost by -0.15% to close at 6029.20 levels, in the previous trading session.

Nifty Futures for the Jul Series were trading at a premium of 13.35 points against a premium of 14.35 points. Futures open interest has decreased to 1.52 Cr shares, which indicates closure of short positions, in the previous trading session.

Open interest of all Call options for the Jul series has increased to 2.98 Crore shares, the average implied volatility has increased to 22.27%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 6200 has seen closure 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 5.14 Cr shares, the average implied volatility has increased to 22.36%, which indicates addition of short positions, in the previous trading session.

Put options strikes of 5900 and 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 1.72 for the Jul series, which indicates closure of open interest in put options, in the previous trading session.

FIIs were net sellers in the F&O segment, to the tune of Rs -605 Cr in the Previous trading session.

Overall derivatives data for the Jul series indicates that Nifty Futures have seen closure of short positions, while Put options have seen addition of long positions and Call options have seen closure of short positions, for the Jul series in the previous trading session.

Source : Equity Bulls

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