Apr 30, 2013
The Nifty futures open interest increased by 2.27% whileBankNifty futures open interest is increased by 6.52% asmarket closed at 5904.10 levels.
The Nifty May. future closed at premium of 14.10 pointagainst a premium of 16.30 points. The Jun series closedat a premium of 25.05 points.
The Implied Volatility of at the money options hasincreased from 13.10% to 13.21%.
Nifty PCR-OI has remained unchanged at 1.05 levels.
The total OI of the market is Rs. 1,11,564/- cr. and thestock futures OI is Rs.25,763/- cr.
Few of the liquid counters where we have seen high costof carry are GMRINFRA, GSPL, PUNJLLOYD, DABUR and TATACOMM.
Nifty Vs OIOI Gainers
2967000 21.50 245.60 4.43
8641000 19.37 301.30 -4.59
7272000 18.59 63.60 -5.21
7092500 17.02 497.35 6.96
4192000 16.83 95.15 4.25
SCRIP PCR-OI PCR-VOL
NIFTY 1.05 1.11BANKNIFTY 1.34 1.14INFY 0.44 0.39RELIANCE 0.48 0.45SBIN 0.61 0.68
FII’s have being buying continuously in cash marketsegment; in yesterday’s trade also they were netbuyers worth of Rs.620/- cr. On derivatives front notmuch of activity was observed by them in indexfutures, however good amount of short buildup wasseen by them in index options and stock futures inyesterday’s trade.
On options front the activity in call option has beingseen in 6100 strike price where some buildup wasobserved, while in put option 5700 and 5900 strikessaw maximum buildup in open interest in yesterday’strading session.
HINDUNILVR has seen significant amount of longbuildup in yesterday’s trade post its positive result. The counter has good amount of short positions therein this stock which is still intact. Hence we feel thestock could see some short covering bounce fromcurrent level which could take the counter to aroundRs.532. Go long with the stop loss of Rs.484.
HINDUNILVR 41.20IOB 40.63SIEMENS 55.65INDHOTEL 35.89APOLLOTYRE 42.58
1839000 -8.55 422.95 0.46
2136000 -8.40 134.95 -3.79
10625000 -7.38 252.10 1.57
1441000 -7.27 1648.80 3.36
3380000 -4.41 83.05 1.83