FIIs were net buyers with the tune of ` 444.91 crore on Friday, the 22nd July 2011(prov. fig.)
The BSE Sensex was up 286.11 points or 1.55% to 18,722.30, its highest closing level since 8 July 2011. The Sensex jumped 310.87 points at the day's high of 18,747.06 in late trade. The index rose 97.24 points at the day's low of 18,533.43 in early trade. The S&P CNX Nifty was up 92.35 points or 1.67% to 5,633.95, its highest closing level since 8 July 2011. The Nifty hit a high of 5,642.20 in intraday trade. The BSE Mid-Cap index was up 1.25% and the BSE Small-Cap index rose 0.82%. Both these indices underperformed the Sensex.
The market breadth was strong. On BSE, 1,715 shares advanced and 1,250 Shares declined and a total of 121 shares remained unchanged.
FOR TODAY: The highest concentration of open interest remained at the 5,500-strike put option having above 1.12 crore shares with open interest followed by the 5,800-strike call option with open interest of 1.06 crore shares. The 5,700-strike call option accumulated an open interest of above 87 lakh shares while the 5,600-strike put saw an open interest of above 88 lakh shares. The options build-up in the 5,700 strike indicates stiff resistance in the medium term, while open interest of above one crore shares in the 5,500 strike indicates crucial support in the short term. The implied volatility (IV) of call options was 21.09% on Friday, while the average IV of put options was 18.16%.
FOR TODAY: The highest concentration of open interest remained at the 5,500-strike put option having above 1.12 crore shares with open interest followed by the 5,800-strike call option with open interest of 1.06 crore shares. The 5,700-strike call option accumulated an open interest of above 87 lakh shares while the 5,600-strike put saw an open interest of above 88 lakh shares. The options build-up in the 5,700 strike indicates stiff resistance in the medium term, while open interest of above one crore shares in the 5,500 strike indicates crucial support in the short term. The implied volatility (IV) of call options was 21.09% on Friday, while the average IV of put options was 18.16%.
Declining in VIX indicating range-bound trades ahead, albeit with a positive bias.
Nifty OI PCR is at 1.24 whereas PCR on volumes is at 0.93
