Nifty July futures sheds 13 lakh shares in OI

CNBC-TV18s Head-Markets Research, Anuj Singhal: FIIs net bought Rs 545 crore in Nifty futures; Open Interest declined by 8,485 contracts. Nifty July futures shed 13 lakh shares while August futures added 11 lakh shares in Open Interest (OI).

Nifty July and August futures ended at 10-point premium each. Nifty Open Interest PCR increased at 1.48 from 1.45. Nifty 4400 Put added 4 lakh shares in Open Interest. Marketwide rollover was seen at 15% and Nifty at 21%.

Nagarjuna Fertilisers went up 13.5% in cash market, which was a top traded counter on the bourses. Futures Open Interest was up by 23%. Huge long build-up has seen.

RNRL was up 9%. Its cost of carry, CoC was up and futures Open Int up 6%. Stock shot up by 46% in last three days.

Reliance Communication slipped 4.5%. Volumes were high. Futures Open Interest rose 8%.

Satyam was down 2% in yesterdays trade and fell 11% in last five days. Its CoC was down while futures Open Int up 7%.

F&O Highlights
FIIs net buy Rs 545 cr in Nifty futures; Open Int down 8,485 contracts
Nifty July futures shed 13 lakh shares, Aug futures add 11 lakh shares in Open Int
Nifty July, August at 10-point premium each
Nifty Open Int PCR at 1.48 vs 1.45 
Nifty 4400 Put adds 4 lakh shares in Open Int

Rollover     %
Marketwide  15
Nifty           21
Ranbaxy     46

NAG FERT
Stock up 13.5%; top traded
Futures Open Int up 23%
Huge long build-up seen

RNRL
Stock up 9%; CoC up
Futures Open Int up 6%
Stock up 46% in last 3 days

RCOM
Stock down 4.5%; vols high
Futures Open Int up 8%
NSE del vol at 78 lakh (43%)

SATYAM
Stock down 2%; CoC down
Futures Open Int up 7%
Stock down 11% in last 5 days