Market Commentary

Nifty Futures for the September Series were trading at a premium of 9.95 points - ZENMoney



Posted On : 2013-09-04 21:26:05( TIMEZONE : IST )

Nifty Futures for the September Series were trading at a premium of 9.95 points - ZENMoney

Nifty traded on a positive note amid buying interest in select frontline stocks. Nifty gained by 2.00% to close at 5448.10 levels, in the previous trading session.

Nifty Futures for the Sep Series were trading at a premium of 9.95 points against a premium of 3.10 points. Futures open interest has decreased to 1.84 Cr shares, which indicates closure of short positions, in the previous trading session.

Open interest of all Call options for the Sep series has increased to 3.36 Crore shares, the average implied volatility has increased to 26.46%, which indicates addition of long positions, in the previous trading session.

Call options strikes of 5700 to 6000 have seen addition of open interest, for the Sep series in the previous trading session.

Open interest of all Put options for the Sep series has increased to 4.97 Cr shares, the average implied volatility has decreased to 30.18%, which indicates addition of short positions, in the previous trading session.

Put options strikes of 5000 to 5400 have seen addition of open interest, for the Sep series in the previous trading session.

Nifty Put-Call ratio of open interest has increased to 1.48 for the Sep series, which indicates closure of open interest in call options, in the previous trading session.

FIIs were net buyers in the F&O segment, to the tune of Rs 781 Cr in the Previous trading session.

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

Source : Equity Bulls

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