Nifty and Bank Nifty Futures added open interest to the tune of ~14.5 lakh shares and ~4.5 lakh shares, indicating a buildup of fresh long positions.
Markets begin May series on a stellar note with both Nifty and Bank Nifty index futures witnessing more than 1% gains.
The rally in the indices was backed by strong build-up on the long side as the Korean rivals begin peace, end 65-year of cold war.
Axis Bank was the biggest outperformer gaining 9% at the close after posting its quarterly earnings.
Market breadth ended in the favor of the advances with Advance/Decline ratio closing at 1:1x.
Tracking the derivative data points, Nifty and Bank Nifty Futures added open interest to the tune of ~14.5 lakh shares and ~4.5 lakh shares, indicating a buildup of fresh long positions.
Tracking the Nifty Index Options, across the board buying was witnessed in all the major call option strikes as open positions soared higher with rising price. 11,000CE added maximum O.I, consisting of mainly long positions.
India Vix index ended the session 0.19% lower at 12.02.
Click here for Our Best Services
Free Commodity Tips
Precious Metal Pack is one of our packages for MCX Traders. In this package, we provide Accurate Mcx Tips & Free Commodity Tips i.e. gold tips & silver tips
No comments:
Post a Comment