Daily Derivatives Report – 28 May 2021
Nifty June 2021 futures closed at 15478, at a premium of 42 points over spot closing of 15435.
Among the stock futures, RELIANCE and L&TFH gained the most whereas TVSMOTORS and SUNPHARMA were the top losers.
ADANIPORTS and SUNTV witnessed the highest long build-up whereas PAGEIND and PEL were on the other end of the stick with highest shorting. Being cautious, traders covered their positions in the rallying FINNIFTY and BANKNIFTY whereas positions were squared off the most in MPHASIS.
RELIANCE turned out to be the most active option contract with highest OI additions and reductions at 2200(CE) and 2000(CE) respectively trailed by SBIN that saw most OI additions/reductions at 450(CE)/410(CE).
Among the index options, most OI additions were made at 16000(CE) and 15400(PE) levels whereas most reductions were seen at 15300(CE) and 15350(CE) levels of Nifty.
In the market-wide positions limit list, PAGEIND and RAMCOCEM gained the most while M&M and CANBK were the top losers.
The FII activity data was all green for the day in index segment as they bought a net of Rs.437 cr of future contracts and Rs.1687 cr of option contracts.
However, in the stocks segment, FIIs were the net sellers of Rs.975 cr and Rs.613 cr worth of future and option contracts respectively.
