Nifty Open Interest PCR at 1.43 vs 1.46

Excerpts from Bazaar on CNBC-TV18 Watch the full show » Nifty BSE | NSE 13/02/12 Are Mutual Funds betting on Nifty?

CNBC-TV18's, Head Market Research Analyst, Anuj Singhal : FIIs net bought Rs 658 crore in Nifty futures. Nifty futures added 12 lakh shares in Open Interest. Nifty Open Interest PCR at 1.43 versus 1.46. Nifty 4900 Put added 3 lakh shares in Open Interest. Nifty 4800 Put added 2.5 lakh shares in Open Interest. Nifty May, June 5000 Calls added 5.8 lakh shares in Open Interest. Stock futures shed 1.5 crore shares in Open Interest.

 

Cairn India was down 8% with CoC up. Futures Open Interest up 9% with futures buying on correction likely.

 

PFC was down 3.3% with CoC down. Futures Open Interest was up 14% and fresh short positions was seen.

 

Nagarjuna Fertiliser was down 3.3% with CoC slides. Futures Open Interest was down 10% and similar long unwinding was seen in Chambal.

 

Orchid Chemical was up 7.7% with futures up 5.7%. Futures Open Interest was down 9.5% and profit booking was seen at higher levels.

 

Tata Steel was up 1% and up 9% in last 10 days. Futures Open Interest was up 5%. Relative Nifty outperformance of 12%

 

IFCI was up 2% and was top traded stock. Futures Open Interest was up 3%. There was semblance of long build-up.

  

F&O HIGHLIGHTS

• FIIs net buy Rs 658 cr in Nifty futures
• Nifty futures add 12 lakh shares in Open Int                
• Nifty Open Int PCR at 1.43 vs 1.46       
• Nifty 4900 Put adds 3 lakh shares in Open Int
• Nifty 4800 Put adds 2.5 lakh shares in Open Int
• Nifty May, June 5000 Calls add 5.8 lakh shares in Open Int
• Stock futures shed 1.5 cr shares in Open Int 

Cairn India

• Stock down 8%;
• CoC up
• Futures Open Int up 9%
• Fut buying on correction likely 

PFC

• Stock down 3.3%;
• CoC down
• Futures Open Int up 14%
• Fresh short positions seen 

Nagarjuna Fertiliser

• Stock down 3.3%;
• CoC slides
• Futures Open Int down 10%
• Similar long unwinding in Chambal 

Orchid Chemical

• Stock up 7.7%;
• fut up 5.7%
• Futures Open Int down 9.5%
• Profit booking at higher levels

Tata Steel

• Stock up 1%;
• up 9% in last 10 days
• Futures Open Int up 5%
• Relative Nifty outperformance of 12%

IFCI

• Stock up 2%;
• top traded
• Futures Open Int up 3%
• Semblance of long build-up