Nifty Futures open interest decreased by 0.49% - Angel Broking

The Nifty futures open interest decreased by 0.49% while BankNifty futures open interest is decreased by 2.51% as market closed at 6168.40 levels.

The Nifty December future closed at premium of 29.35 point against a premium of 27.90 points. The January series closed at a premium of 83.90 points.

The Implied Volatility of at the money options has decreased from 16.17% to 15.85%.

Nifty PCR-OI has decreased from 0.98 to 0.95 levels.

The total OI of the market is Rs. 1,48,480/- cr. and the stock futures OI is Rs. 37,662/- cr.

Few of the liquid counters where we have seen high cost of carry are VOLTAS, JPPOWER, HINDZINC, TCS and UPL.

Source : Equity Bulls

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