Derivative Analysis For 25 September 2014

Overview (MORNING BELL) 

India Indices- On Wednesday market day Nifty Index  opened 2.00 points down from the previous day closing at  8017.55 and closed negative at 8002.40.  Nifty opened with the day high of 8042.05, and from the  opening we saw continuous selling in Nifty and near 2 o’clock  Nifty Index traded with the day low of 7950.05 and closed negative at 8002.40 with -0.19%, -15.15 points down.  And the full day Nifty Index traded between 8042.05-7950.05.  At the end of the day Nifty futures Loosed -0.21%,  -17.00 points down to close at 8015.20 from the previous day closing at 8032.20 with premium of 12.80 points and percent  change in open interest of -20.16%.

Bank Nifty –Bank Nifty index opened at 15883.45 with  19.40 points down from the previous day closing at 15902.85  and closed Negative at 15740.30.  Bank Index opened with the day high of 15740.30 and from the opening we saw continuous selling in Bank Index and near  2.15 o’clock Bank Index traded with the day low of 15625.85. At the end of the market day Bank Index closed negative at  15740.30 with -1.02%, 162.55 points down, and the full day  Bank Nifty Index traded between 15954.45-15625.85.  At the end of the market day Bank Nifty futures Loosed  -1.03%, -164.35 points down to close at 15765.55 from the  previous day closing at 15929.90 with the daily premium of  +25.25 points and percent change in open interest of  -7.93%.

Nifty Futures- Nifty futures opened down at 8024.00  -8.20 points from the previous day closing at 8032.20.  From the opening we saw continuous selling in Nifty, Nifty  opened with the day high of 8049.80 and near 2 o’clock Nifty  futures traded with the day low of 7959.20 and closed above  8000.00 at 8015.20 with -17.00 points down from the  previous day closing at 8032.20. And the full day Nifty  Futures traded between 8049.80-7959.20.  At the end of the day Nifty futures Loosed -0.21%,  -17.00 points down to close at 8015.20 from the previous day  closing at 8032.20 with premium of 12.80 points and  percent change in open interest of -20.16%.