Daily Derivatives Report – 28 Jul 2021

Nifty July 2021 futures closed at 15707.50, at a discount of 1.90 points over spot closing of 15709.40.
Among the stock futures of the current series, BHARTIARTL and INDUSTOWER gained the most while, CANBK and NAVINFLUOR were the top losers.
Short positions were covered the most in TORNTPHARM(-51.8%) and TRENT(-15.7%) whereas, most unwinding was done in CANBK(-50%) and MRF(-48.5%).
In the index options segment, most OI additions were seen at 34500(CE) level of Bank Nifty and at 15700(CE) of Nifty. Most reduction in OI was at 15000(PE) and 15950(CE) levels of Nifty.
Among the most active stock options, DRREDDY and TATASTEEL, most OI additions was made at 4800(CE) and 1340(PE) levels while, most reduction was seen at 5500(CE) and 1340(CE) levels.
RAMCOCEM and JUBLFOOD gained the most in terms of market-wide position limits whereas, SRF and CANBK were the biggest losers in that regard.
Only IDEA and SAIL were in the FNO Ban list of the day.
In the index derivatives segment, Rs.356cr of futures were sold and Rs.525cr of option contracts were bought. In the stock derivatives segment, a net purchase of Rs.435cr of futures and Rs.148cr of options was made by the FIIs.