The Hindu Business Line : Mixed trend for R-pack stocks

However, its premium widened to 18.5 points with respect to the spot close against Wednesday’s premium of 12 points; it remained in the discount for most part of the day but late short covering helped it to move into premium zone.

Nifty January futures shed about 4.5 per cent in open interest positions, while Nifty February futures addition of 14.7 per cent in open interest positions.

Rollover was modest at 9.5 per cent.

Trading volume also dipped to Rs 67,865 crore.

Among options, Nifty 6000 call was the most active and added about 45 per cent in open interest positions.

This suggests that lot of call writers took position, taking risk that Nifty might not move above 6K mark.

Stock futures

Reliance Natural Resources, Reliance Energy and Reliance Industries were the most active counters among the individual stock futures. Incidentally, all the three came out with their quarterly results today.

Reliance January futures slipped 3 per cent and Reliance Energy by 2.26 per cent while RNRL ended with a marginal gain of 0.21 per cent. All three saw marginal accumulation in open interest positions.

Housing Development and Infrastructure’s January futures was in the limelight as it jumped six per cent and added about one per cent in open interest positions.

HDIL closed at Rs 1,411.20 against the spot close of Rs 1,395.5 indicating addition of fresh long positions.

Stocks under ban

The NSE has banned trading in 12 securities – Adlabs Films, Bindal Agro, Essar Oil, GMR Infrastructure, IFCI, Ispat Industries, IVR Prime, JP Hydro, Orchid Chemicals, Parsvnath Developers, Rajesh Exports and Reliance Petroleum — as open interest positions have crossed the 95 per cent of market-wide position limit.

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