Contact Us | Log In
Search
Sensex: 33322.3 -20.50 Gold: Rs.29654.00
Nifty: 10273.9 -9.70 Silver: Rs.39847.00
Derivatives daily market overview (26 Oct 17) - IndiaNotes.com
Derivatives daily market overview (26 Oct 17)
LKP Securities | Published: 26 Oct, 2017  | Source : IndiaNotes.com

MARKET OVERVIEW


· The India Volatility Index (VIX), a gauge for market’s short term expectation of volatility increased by 1.47% and reached 11.76.


· Nifty October 2017 futures closed at 10289.90 on Wednesday at a discount of 5.45 points over spot closing of 10295.35.


· Nifty November 2017 futures ended at 10325.35 at a premium of 30 points over spot closing.


· Nifty October futures saw a contraction of 3.51 million (mn) units, taking the total outstanding open interest (OI) to 17.47 mn units.


· The Nifty Put Call Ratio (PCR) finally stood at 1.82 for October month contract.


· The top five scrips with highest PCR on OI were Ramco Cements (2.42), Oil India (2.16), Bharti Airtel (2.13), Oracle Financial Services Software (1.87) and Ultratech Cement (1.82).


 NIFTY OPTIONS


·  Nifty calls, 10200 SP from the October month expiry was the most active call with a contraction of1.66 million open interests.


·  Nifty puts, 10100 SP from the October month expiry was the most active put with a contraction of 1.69 million open interests.


·  The maximum OI outstanding for Calls was at 10300 SP (4.31 mn) and that for Puts was at 10000 SP (6.32 mn).


STOCK FUTURES


·   Long positions were witnessed in stocks like PNB & ORIENTBANK


·   Short positions were witnessed in stocks like CHOLAFIN & CANFINHOME


·   From the most active contracts, State Bank of India October 2017 futures traded at a premium of 1.00 point at 323.95 compared with spot closing of 322.95. The numbers of contracts traded were 1,07,692.


·   ICICI Bank October 2017 futures traded at a discount of 1.25 points at 304.10 compared with spot closing of 305.35. The numbers of contracts traded were 64,864.


·   Punjab National Bank October 2017 futures traded at a discount of 7.25 points at 198.50 compared with spot closing of 205.75. The numbers of contracts traded were 54,186.


·   Axis Bank October 2017 futures traded at a discount of 2.00 points at 472.00 compared with spot closing of 474.00. The numbers of contracts traded were 42,498.


·   Bank of Baroda October 2017 futures traded at a premium of 3.65 points at 187.65 compared with spot closing of 184.00. The numbers of contracts traded were 39,883.



  Read full report Click here to read the full report


About LKP Securities

What started as one of India’s first securities brokerage houses in 1948 is today one of the country’s largest multi dimensional financial services group. LKP Securities is a Non Banking Finance Company (NBFC) registered with Reserve Bank of India & a listed public limited company having a networth of Rs.142 crores as on FY10. They are India's first financial group to be awarded the prestigious ISO 9002 certified KPMG Quality Registrar, USA, for certain businesses.

 

For more information please write in to editor@indianotes.com

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.