Nifty futures shed 45 lakh shrs in Open Interest

CNBC-TV18's Head-Markets Research, Anuj Singhal: Net buyers were worth Rs 1563 crore in Nifty futures, Open Interest was down by 32,000 contracts. Nifty futures shed 45 lakh shares in Open Interest. Nifty Open Interest PCR remained unchanged at 1.25.

Nifty 4500 Put added 3 lakh shares in Open Interest. Nifty 5000 Call added 3.1 lakh shares in Open Interest while stock futures shed 40 lakh shares in Open Interest.

SAIL was down 3.8% yesterday and down 10% for the week. The cost of carry, CoC was down while Futures Open Interest up 5%.

MRPL went down 3.8%. The  CoC was down with futures Open Interest down 8%. Unwinding of Tuesday longs were seen.

HOEC went up 9.4%. The delivery volumes stood at 23%. Futures Open Interest was up 5%. The stock was moving up on the open offer buzz.

Canara Bank was up 5.5%. The CoC declined with futures Open Interest down 12%. Unwinding was seen at higher levels.

Sterling Biotech was up 1.2%. The CoC surged with futures Open Interest up 4%. Fresh long positions were seen.

F&O HIGHLIGHTS

• Net buy Rs 1563 cr in Nifty futures,
• Open Int down 32,000 contracts
• Nifty futures shed 45 lakh shares in Open Int                
• Nifty Open Int PCR unchanged at 1.25
• Nifty 4500 Put adds 3 lakh shares in Open Int
• Nifty 5000 Call adds 3.1 lakh shares in Open Int
• Stock futures shed 40 lakh shares in Open Int 

Sail

• Stock down 3.8%;
• CoC slides
• Futures Open Int up 5%
• Stock down 10% for the week

MRPL

• Stock down 3.8%;
• CoC down
• Futures Open Int down 8%
• Unwinding of Tuesday longs seen

HOEC

• Stock up 9.4%;
• del vol at 23%
• Futures Open Int up 5%
• Stk moving up on open offer buzz

Canara Bank

• Stock up 5.5%;
• CoC down
• Futures Open Int down 12%
• Unwinding seen at higher levels

Sterling Bio

• Stock up 1.2%;
• CoC surges
• Futures Open Int up 4%
• Fresh long positions seen