HDIL, Bajaj Hind, Patni see fresh long positions

Fresh long positions were seen in HDIL , Bajaj Hindusthan and Patni Computer . HDIL gained 6% and its futures Open Interest was up 34%. Bajaj Hindusthan rose 4.5% and its futures Open Interest was up 10%. Patni Computer surged nearly 8% and its futures Open Interest was up 36%.

By Anuj Singhal, Head-Markets Research at CNBC-TV18

The Nifty futures ended with 5 points premium versus 6 points discount. FIIs net sold Rs 321 crore in Nifty futures while net bought Rs 417 crore in Stock futures.

The Nifty OI (open interest) PCR (put-call ratio) increased to 1.23 versus 1.19. Nifty 4700 Put added 9.4 lakh shares in OI.

Short covering rally was seen in Bharti Airtel , which shot up 4.5%. Its CoC (cost of carry) also surged and its futures Open Interest were down 8%.

Fresh long positions were seen in HDIL, Bajaj Hindusthan and Patni Computer. HDIL gained 6% and its futures Open Interest was up 34%. Bajaj Hindusthan rose 4.5% and its futures Open Interest was up 10%. Patni Computer surged nearly 8% and its futures Open Interest was up 36%.

Fresh short positions were seen in IVRCL Infrastructure . The stock was down 0.5% and its futures Open Interest was up 15%.