Saturday, 22 April 2017

Stock Market Commentary - TradeBizz Research


Stock Future Tips

Nifty (April) futures closed at 26.20 points versus a premium 26.20 points.

Total open interest in the market was Rs 345,822 crore after addition of Rs 15,689 crore in open interest.

Nifty call options shed 0.63 lakh shares in open interest whereas put options added 25.24 lakh shares in open interest.

Stock Market Commentary

The benchmark Indian stock indices commenced the day on a flattish note, tracking mixed cues from the global markets.

Daily view

Around 2.65 lakh shares were shed in open interest, with the decrease in price implying long unwinding by market participants in today’s trade.

On the options front, the India Volatility Index (VIX) decreased in today’s trade by ~1%.

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