Sept 30, 2014
Nifty Vs OI
The Nifty futures open interest decreased by 4.89% while
BankNifty futures open interest has decreased by 0.09%
as market closed at 7958.90 levels.
The Nifty October future closed at premium of 35.00
point against a premium of 63.05 points. The November
series closed at a premium of 85.65 points.
The Implied Volatility of at the money options has
decreased from 12.30% to 12.13%.
Nifty PCR-OI has increased from 0.85 to 0.86 levels.
The total OI of the market is Rs. 1,61,436/- cr. and the
stock futures OI is Rs. 51,737/- cr.
Few of the liquid counter stocks where we have seen high
cost of carry are HEXAWARE, GODREJIND, GMRINFRA,
RELIANCE and GLENMARK.
Yesterday market was volatile but remained in the
50-60 points, volume was also
comparatively low. FIIs activity in cash market was
subdued. In Index Futures they were marginal buyer
with fall in open interest indicating blend of both
short covering and long unwinding in last trading
In Index Options they bought of worth Rs. 522 crores
with good amount of rise in open interest. PCR-OI
has increased due to more of open interest addition
in call options while implied volatility still remains
more or less in line. We believe both long and short
formation took place in last trading session. In call
options we saw decent amount of buildup in 8100 &
8200 strike prices which may be short position seeing
IV’s. On the other hand in put options 7800 strike
price added some buildup. Maximum buildup in
current series in call options still remains at
strike price and that of put options is at 7800 strike
Few of the large cap counter where we saw good
amount of open interest additions are DRREDDY,
WIPRO, TATASTEEL, HCLTECH and RELIANCE.
Sept 30, 2014
FII Statistics for 29-Sept-2014
Turnover on 29-Sept-2014
Nifty Spot =7958.90
Lot Size = 50
Note: Above mentioned Bullish or Bearish Spreads in Nifty (Oct Series) are given as an information and not as a recommendation.
Nifty Put-Call Analysis
Sept 30, 2014
Did not trigger.
Research Team Tel: 022 - 39357800
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