Nifty Jan 5700 Put adds 8.4 lakh shares in open interest
FIIs were net sellers to the tune of Rs 261 crore in Index Futures; which open interest (OI) was up by 51996 contracts. However, FIIs were net buyers of Rs 549 crore in Stock Futures; which OI was up by 12023 contracts.
January 25, 2011 / 08:59 IST
By Varinder Bansal, Research Analyst at CNBC-TV18
FIIs were net sellers to the tune of Rs 261 crore in Index Futures; which open interest (OI) was up by 51996 contracts. However, FIIs were net buyers of Rs 549 crore in Stock Futures; which OI was up by 12023 contracts.Marketwide rollover was at 37% and Nifty rollover at 31%. Nifty Open Interest PCR was up at 0.93 versus 0.89.Nifty January 5700 Put added 8.4 lakh shares in OI while Nifty February 6100 Call added 3.7 lakh shares in Open Interest.SBI rallied 3.3%; its OI was down by 10%. Delivery volume surged to 16.2 lakh shares as against 10.8 lakh and there was delivery based buying worth Rs 450 crore.Unwinding and fresh shorts were seen in ONGC. The stock rose 2.7%; its OI was down 5%.Tata Steel went up 3%; its OI was up by 4% and delivery volume increased at 27.8 lakh shares versus 21.6 lakh. It has completed rollover of 61%.Shree Renuka Sugars rose 4.3%; its OI was down by 6% and delivery volume went up to 37 lakh shares versus 12.7 lakh. Rollover of the stock was at 50%.Orbit Corp shot up 11.5%; its OI was down by 3%. Short covering & speculative buying were seen in stock. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
