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Our Bureau

Chennai, July 22 Trading volume spurted above Rs 50,000-crore in the F&O segment on the NSE on Tuesday’s Rs 54,100.84 crore against Monday’s turnover of Rs 43,942.21 crore. The Nifty July future widened the premium to about 10 points from Monday’s premium of about six points.

The Nifty July future ended at 4249.95 against the spot close of 4240.10. Creation of fresh long positions was seen, particularly towards closing hours of market.

The Nifty 4300 call was the most active among the options followed by 4200 and 4100. The Nifty 4000 and 4100 puts were also actively traded. While the Nifty 4300 call added about 32 per cent in open interest positions and 4400 added about 42 per cent in open interest positions. This means the strong emergence call writers indicating strong resistance zone for the Nifty.

On the other hand, Nifty puts saw marginal accumulation of open interest positions.

Reliance Industries was the most active followed by Reliance Capital, Reliance Petroleum, Tata Steel, ICICI Bank and Reliance Infrastructures.

However, today’s star performers were ADAG group stocks – Reliance Capital, Reliance Infrastructure and Reliance Communications. Reliance Capital added about 9 per cent in open interest and Reliance Infra added about 6.25 per cent, while RCom shed about 11 per cent in open interest positions. All the three counters closed in premium with respect to the spot close.

Foreign institutional investors turned net sellers to the tune of Rs 390.9 crore in the F&O segment on the NSE on Tuesday.

However, they were buyers in index futures by Rs 825.86 crore. On the other hand, they sold index options worth Rs 975.05 crore and on stock futures Rs 242.3 crore.

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