Nifty Open Interest PCR rises to 1.61 vs 1.56

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

FIIs were net buyers to the tune of Rs 874 crore in Nifty futures and net buyers of Rs 799 crore in Nifty options.

The Nifty Open Interest PCR (put-call ratio) increased to 1.61 from 1.56. Nifty 5300 Put added 18 lakh shares in Open Interest; Nifty 5200 Put added 15 lakh shares in Open Interest and Nifty 5300 Call added 9 lakh shares in Open Interest while Nifty 5100 Call shed 12 lakh shares in Open Interest.

Stock futures added 2 crore shares in Open Interest.

Fresh long positions were seen in Triveni Engg. The stock gained 4.6%. Its cost of carry (CoC) was up as well as futures Open Interest up 10%.

Fresh short positions were seen in HCC and Kingfisher Airlines. HCC slipped 3% and its futures Open Interest was up 11%. Kingfisher lost 3.7% and its futures Open Interest was up 7%.

Cipla rallied 5%. Its CoC was down and Futures Open Interest was also down 4%. Its delivered volumes increased to 12 lakh shares versus 1.7 lakh.