BankNifty Futures open interest increases by 1.78% - Angel Broking

The Nifty futures open interest increased by 0.97% while BankNifty futures open interest is increased by 1.78% as market closed at 5907.30 levels.

The Nifty October future closed at premium of 43.60 point against a premium of 57.10 points. The November series closed at a premium of 83.50 points.

The Implied Volatility of at the money options has increased from 23.70% to 24.79%.

Nifty PCR-OI remains unchanged at 1.09 levels.

The total OI of the market is Rs. 1,20,908/- cr. and the stock futures OI is Rs. 26,867/- cr.

Few of the liquid counters where we have seen high cost of carry are GSKCONS, NHPC, INDIACEM, PTC and JPPOWER.

Source : Equity Bulls

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