Nifty July Future closed at premium of 13.35 points - Angel Broking

The Nifty futures open interest increased by 0.68% while BankNifty futures open interest is increased by 4.95% as market closed at 6038.05 levels.

The Nifty July future closed at premium of 13.35 point against a premium of 14.35 points. The August series closed at a premium of 50.90 points.

The Implied Volatility of at the money options has decreased from 16.30% to 15.90%.

Nifty PCR-OI has decreased from 1.34 to 1.31 levels. The total OI of the market is Rs. 1,55,409/- cr. and the stock futures OI is Rs. 31,861/- cr.

Few of the liquid counters where we have seen high cost of carry are ASHOKLEY, RENUKA, HAVELLS, GSPL and HINDPETRO.

Source : Equity Bulls

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