Nifty June futures ends at 16-pt discount

CNBC-TV18s Head-Markets Research, Anuj Singhal: FIIs were net buyers of Rs 82 crore in Nifty futures and net buyers of Rs 226 crore in Stock futures. Nifty futures added 8 lakh shares in Open Interest and ended at 16-point discount.

Nifty Open Int PCR slid at 1.59 versus 1.67. Nifty 4500 Put added 11 lakh shares in Open Int while Nifty 4800 Put shed 8 lakh shares in Open Int.

Reliance Power plunged 7.4% in cash market. The cost of carry, CoC slid while futures Open Int went up 24%. Huge short build-up has seen.

Cairn India was down 7%. The CoC went down and futures Open Int up 10%. Fresh short positions seen there.

DLF slipped 5%. The CoC was down while futures Open Int up 5%. The stock is close to issue price of Rs 525.

Essar Oil crashed 7%. Its CoC slid with futures Open Int down 12%. Huge long unwinding seen there.

Chambal Fertilisers was down by 5.5%. The CoC went down with futures Open Int down 20%. Huge long unwinding has seen.

F&O HIGHLIGHTS

• FIIs net buy Rs 82 cr in Nifty futures, net buy Rs 226 cr in Stock futures
• Nifty futures add 8 lakh shares in Open Int, at 16-point discount  
• Nifty Open Int PCR at 1.59 vs 1.67  
• Nifty 4500 Put adds 11 lakh shares in Open Int
• Nifty 4800 Put sheds 8 lakh shares in Open Int

REL POWER

• Stock down 7.4%; CoC slides
• Futures Open Int up 24%
• Huge short build-up seen

CAIRN

• Stock down 7%; CoC down
• Futures Open Int up 10%
• Fresh short positions seen

DLF

• Stock down 5%; CoC down
• Futures Open Int up 5%
• Close to issue price of Rs 525

ESSAR OIL

• Stock down 7%; CoC slides
• Futures Open Int down 12%
• Huge long unwinding seen

CHAMBAL FERT

• Stock down 5.5%; CoC slides
• Futures Open Int down 20%
• Huge long unwinding seen