Derivative market snapshot

Here is the snapshot of the F&O segment trades

MARKET OVERVIEW

The India Volatility Index (VIX), a gauge for market's short term expectation of volatility decreased by 1.02% and reached 19.36.

The 50-share CNX Nifty was down by 20.50 points or 0.25% to settle at 8,040.20.

Nifty November 2015 futures closed at 8070.05 on Wednesday at a premium of 29.85 points over spot closing of 8,040.20.

Nifty December 2015 futures ended at 8117.00 at a premium of 76.80 points over spot closing.

Nifty November futures saw contraction of 0.30 million (mn) units, taking the total outstanding open interest (OI) to 18.71 million (mn) units.

The Nifty Put Call Ratio (PCR) finally stood at 0.99 for November month contract. 

NIFTY OPTIONS

Nifty calls, 8500 SP from the November month expiry was the most active call with an addition of 0.33 million open interests. 

Nifty puts, 7800 SP from the November month expiry was the most active put with an addition of 0.38 million open interests.

The maximum OI outstanding for Calls was at 8500 SP (4.03 mn) and that for Puts was at 7800 SP (4.16 mn). 

STOCK FUTURES

Long positions were witnessed in stocks like JISLJALEQS & TATAMOTORS

Short positions were witnessed in stocks like CEAT & VOLTAS

The top five scrips with highest PCR on OI were STAR (2.46), Shriram Transport Finance (1.52), Ajanta Pharma (1.33), Bata India (1.29) and Indian Overseas Bank (1.18).  

From the most active contracts, Ashok Leyland November 2015 futures traded at discount of 0.35 points at 92.10 compared with spot closing of 92.45. The number of contracts traded were 9,514.    

SBI Bank November 2015 futures traded at a premium of 0.40 points at 239.25 compared with spot closing of 238.85. The number of contracts traded were 10,975.     

ICICI Bank November 2015 futures traded at a premium of 1.05 points at 274.45 compared with spot closing of 273.40. The number of contracts traded were 11,298.   

DLF November 2015 futures traded at a discount of 0.05 points at 122.55 compared with spot closing of 122.60. The number of contracts traded were 8,447.

Source: LKP Securities