Nifty 2700 put adds 16.2 lakh shares in OI

Here is a transcript of Head-Markets Research, Anuj Singhal’s comments on CNBC-TV18. Also watch the accompanying video.

FIIs were net buyers to the tune of Rs 645.9 crore in Index Futures and its open interest (OI) was up by 570 contracts. FIIs net bought Rs 303.3 crore in Index Options and OI was up by 51233 contracts. Nifty Futures ended at discount of 15 points versus 25 points discount a day ago.

Nifty Open Interest PCR went upto 0.93 from 0.89. Nifty 2700 put added 16.2 lakh shares in OI and Nifty 2900 call added 9.2 lakh shares in OI.

Short covering rally was seen in Bharti Airtel. The stock went up 5% and its cost of carry, CoC was up. Futures Open Interest went down 10%.

F&O HIGHLIGHTS
FIIs net buy Rs 645.9 cr in Index Futures; OI up by 570 contracts
FIIs net buy Rs 303.3 cr in Index Options; OI up by 51233 contracts
Nifty Fut discount at 15 pts vs 25-pts discount a day ago
Nifty Open Int PCR up to 0.93 from 0.89
Nifty 2700 put add 16.2 lakh shares in OI
Nifty 2900 call add 9.2 lakh shares in OI

BHARTI
Stock up 5%; CoC up
Futures Open Int down 10%
Short covering rally seen

JP ASSOCIATES
Stock up 1.9%; CoC up
Futures Open Int up 6%
Fresh long positions seen

SAIL
Stock up 7.8%; CoC up
Futures Open Int up 5%
Fresh long positions seen

SATYAM
Stock up 20%; CoC up
Futures Open Int up 12%
Speculative long positions seen

HCC
Stock down 11%; CoC down
Futures Open Int up 7%
Fresh short positions seen