Nifty Overview & Outlook

Derivatives Overview & Outlook

Last Friday, long buildup was seen in Nifty futures and Finnifty futures with increase in open interest by 4.2% and 6.7% respectively, whereas short short covering was seen in Banknifty futures with decrease in open interest by 10.2%.

On the sectoral front, long buildup observed in Technology and Textile stocks, whereas short buildup was seen in Pharma and Chemicals stocks.

On options front, put writing was seen at multiple strikes and maximum positions are at 21700 PE and 22500 CE.

Institutional Trading Activity

Last week, FIIs sold stocks worth Rs 3901 Cr in the cash segment, sold stocks futures and index future worth Rs 624 Cr and Rs. 486 Cr respectively. DIIs were net buyer in the cash segment to the tune of Rs 6858 Cr.

Nifty Futures, Banknifty Futures and Finnifty Key Levels

F&O Securities in Ban Today  – BANDHAN BANK, BHEL, CHAMBLEFERT, DELTA CORP, ESCORTS, HINDCOPPER, INDIACEM, INUDSTOWER, METROPOLIS, NATIOANALUM, PEL, POLYCAB, PVRINOX, SAIL, ZEEL.

Important Results Today – ANGLEONE, JIOFIN, NELCO, PCBL, RIIL

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