Nifty traded on negative note - ZENMoney

Nifty traded on a negative note amid selling interest in select frontline stocks. Nifty lost by 0.39% to close at 6089.05 levels, in the previous trading session.

Nifty Futures for the Oct Series were trading at a premium of 21.60 points against a premium of 30.65 points. Futures open interest has increased to 1.91 Cr shares, which indicates addition of short positions, in the previous trading session.

Open interest of all Call options for the Oct series has increased to 3.74 Crore shares, the average implied volatility has decreased to 23.55%, which indicates addition of short positions, in the previous trading session.

Call options strikes of 6200 to 6400 have seen addition of open interest, for the Oct series in the previous trading session.

Open interest of all Put options for the Oct series has increased to 4.99 Cr shares, the average implied volatility has increased to 25.09%, which indicates addition of long positions, in the previous trading session.

Put options strikes of 6000 and 6200 have seen addition of open interest, for the Oct series in the previous trading session.

Nifty Put-Call ratio of open interest has increased to 1.33 for the Oct series, which indicates addition 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 744 Cr in the Previous trading session.

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

Source : Equity Bulls

Keywords