Daily Derivatives Report – 23 Jun 2021

Nifty June 2021 futures closed at 15694, at a premium of 7 points over spot closing of 15687.
Among the stock futures for the current series, BEL and L&TFH gained the most whereas UBL and ADANIPORTS were the top losers.
Among the futures with highest position covering were PIIND(-70%) and ICICIGI(-48%) whereas FINNIFTY(11%) and BANKNIFTY(7.8%) were shorted the most. Traders turned cautious as they steered away from their positions in TORNTPHARM(-51%) and PAGEIND(-48.2%).
In the options segment, highest OI additions were seen at 15800(CE)/15750(CE) levels and most OI reduction at 16000(CE)/15800(PE) levels of Nifty.
Barring the regularly active RELIANCE/SBIN option contracts, MARUTI and BAJFINANCE were the most active stock options with highest OI additions at 7400(PE)/6000(PE) and most reductions at 7300(CE)/6200(CE) levels.
NAM-INDIA and L&TFH gained the most market-wide positions in the day whereas BEL and ICICIPRULI lost out on most positions.
In the capital market segment, FIIs were the net buyers in both, index futures and options, of Rs.372cr and Rs.3122cr respectively.
In the stock derivatives, a net of Rs.479cr worth of futures were bought and Rs.121cr worth of options were sold.
IDEA and SUNTV were still in the FNO Ban list for the day.