NSE F&O Cues – 13th Nov 09

NSE F&O Cues: Total Fut OI down by Rs 580 Cr, total Options OI up by Rs 1,195 Cr; Nifty Fut OI down 1%; hedges come back near 5000 levels; Firstsource Solutions Fut OI up 14%

Total Futures OI was down by Rs 580 crore while total Options OI was up by Rs 1,195 crore. Nifty was down 1% while Futures OI was down 1%. Nifty November Futures were trading at par Vs 6-points premium. Nifty IVs were at 25-29%. Nifty OI Put-Call Ratio stood at 1.49 Vs 1.56. Nifty Calls added 17.5 lakh shares in OI while Nifty Puts shed 4.5 lakh shares in OI. Nifty 5000 Call added 7.4 lakh shares in OI; Nifty 5100 Call added 4.6 lakh shares in OI; Nifty 5200 Call added 3.2 lakh shares in OI; Nifty 4700 Put sheds 3 lakh shares in OI. Stock Futures added 1.2 crore shares in OI.

On November 12, hedges come back near 5000 levels. FIIs net sell in Nifty Futures were Rs 685 crore, Nifty Futures OI was down by 5752 contracts. FIIs net buy in Nifty Options were Rs 107 crore, Nifty Options OI was up by 31338 contracts. FIIs net sell in Stock Futures were Rs 772 crore, Stock Futures OI was up by 6998 contracts. FIIs net buy in Stock Options were Rs 182 crore, Stock Options OI was up by 7208 contracts.

Firstsource Solutions was up 5.2%; CoC was up, Futures OI was up 14%, fresh long positions were seen. Tata Steel was down 2.75%; CoC was down, Futures OI was up 9%, fresh short positions were seen. Unitech was down 5%; CoC was down, Futures OI was up 6%, fresh short positions were seen. Voltas was up 2.2%; CoC was down, Futures OI was up 19%, arbitrage positions were seen. Neyveli Lignite was down 2.7%; CoC was down, Futures OI was down 17%, long unwinding was seen.