For Traders: Derivatives Data Analysis all in a Snapshot
Yesterday the Nifty recovery was led by IT and Pharma stocks which led the market to a new intraday high .Stocks like ONGC, INDUSINDBK, GAIL, DRREDDY and INFY were top gainers gaining around 3-7% while stocks like HDFC, ICICIBANK, AXISBANK, SBI LIFE and TITAN were top losers that fell around 2-4%. With some profit booking seen at the higher level which was acting as a resistance, the Nifty closed at 12941 with gain of around 0.55%.
Nifty November futures closed at a premium of 7.90 points versus a premium of 12.25. The market added Rs 30321 cr in open interest, taking the total open interest in the F&O segment to Rs 485737 cr: Reuters