Nifty May futures shed 17.5 lakh shrs in OI

CNBC-TV18s Head-Markets Research, Anuj Singhal : FIIs have net sold Rs 234 crore in Nifty futures while net bought of Rs 319 crore in Nifty options. Nifty May futures shed 17.5 lakh while June futures added 33 lakh shares in Open Interest.

Nifty May Futures ended at 18-point discount and June at 22-point discount. Nifty May 4800 Put added 2.2 lakh shares in Open Int. Nifty May 4900 Put shed 5.5 lakh shares in Open Int. Nifty May 4800 Call added 3.8 lakh shares in Open Int.

Marketwide rollover stood at 46% and Nifty futures at 46%.

Bajaj Hindustan was down 4%. The cost of carry, CoC was also down with futures Open Int down 9%. Stock has been under pressure for two days.

Chambal Fertilisers went up 6.5%, which was top F&O gainer. Futures Open Int was up 14%. Fresh long positions seen there.

Nagarjuna Constructions shot up 2.5%. The CoC was down with futures Open Int down 14%. Unwinding seen at higher levels.

Cipla was up 3%. The CoC went down with futures Open Int down 11%.
 
F&O HIGHLIGHTS

• FIIs net sell Rs 234 cr in Nifty futures, net buy Rs 319 cr in Nifty options
• Nifty May futures shed 17.5 lakh, June futures add 33 lakh shares in Open Int
• Nifty May at 18-point discount, June at 22-point discount
• Nifty May 4800 Put adds 2.2 lakh shares in Open Int
• Nifty May 4900 Put sheds 5.5 lakh shares in Open Int
• Nifty May 4800 Call adds 3.8 lakh shares in Open Int

Rollover  %

Marketwide  46
Nifty   46
IFCI   45
Ispat   45
RPL   45
TTML   41

BAJAJ HIND

• Stock down 4%; CoC down
• Futures Open Int down 9%
• Stock under pressure for 2 days

CHAMBAL FERT

• Stock up 6.5%, top F&O gainer
• Futures Open Int up 14%
• Fresh long positions seen

NAG CONST

• Stock up 2.5%; CoC down
• Futures Open Int down 14%
• Unwinding at higher levels

CIPLA

• Stock up 3%; CoC down
• Futures Open Int down 11%
• NSE del vol high at 60%