CNBC-TV18’s research analyst, Shravan Sreenivasula has given F&O highlights.

We have seen support at 4500 levels and that’s the reason why you see that the Nifty which was having a single point discount in the morning has widened up to a premium of about 20 points or so, in case of Nifty and also a very strong open interest adding about 25 lakh shares of which about 2 lakh shares have come up in the last 1 hour or so, and even if you take the turn over, its about 40% or so to the overall turnover, so good action which is happening in Nifty.

RPL is one stock which has dampened the momentum in the oil and gas space, we have seen long additions in Essar Oil, RNRL etc but RPL with that news breaking has actually dampened the spirit, that’s the reason why you see RPL down about Rs 3 or so adding about 14 lakh shares in open interest.

Yes Bank is another stock, which was down about 15% yesterday is down about 16% today adding about 1.2lakh shares in open interest. Orchid chemicals again, at the back of a 40% fall yesterday has lost about 10% or so and today as well adding about 10 lakh shares in open interest.

HDIL is again having a bad day today, down about 9% or so adding about 3.6 lakh shares in open interest, however the CoC is positive which indicates that there might be some long buildup happening in case of HDIL

Idea Cellular is one stock which is looking very smart in trade today up about 4% or so adding about 13 lakh shares in open interest.

MRPL which has come up with good advance tax numbers paying about 5 times more compared to last time, its seeing a good action today, up Rs 3 in the spot market adding about 1.9 lakh shares in open interest.