Nifty Futures open interest increased by 4.46% - Angel Broking

The Nifty futures open interest increased by 4.46% while BankNifty futures open interest is increased by 7.32% as market closed at 6313.80 levels.

The Nifty December future closed at premium of 58.25 point against a premium of 65.60 points. The January series closed at a premium of 100.20 points.

The Implied Volatility of at the money options has decreased from 14.09% to 14.07%.

Nifty PCR-OI has increased from 0.84 to 0.85 levels.

The total OI of the market is Rs. 1,05,803/- cr. and the stock futures OI is Rs. 34,436/- cr.

Few of the liquid counters where we have seen high cost of carry are ASHOKLEY, HCLTECH, TATACHEM, FRL and UBL.

Source : Equity Bulls

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