Nifty Futures open interest increased by 6.19% - Angel Broking

The Nifty futures open interest increased by 6.19% while BankNifty futures open interest is increased by 10.38% as market closed at 6020.95 levels.

The Nifty October future closed at premium of 34.30 point against a premium of 39.35 points. The November series closed at a premium of 79.60 points.

The Implied Volatility of at the money options has decreased from 24.63% to 21.05%.

Nifty PCR-OI has decreased from 1.11 to 1.10 levels.

The total OI of the market is Rs. 1,38,636/- cr. and the stock futures OI is Rs. 29,218/- cr.

Few of the liquid counters where we have seen high cost of carry are UNITECH, IOB, BHARATFORG, INDIACEM and ZEEL.

Source : Equity Bulls

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