MORNING BELL FOR DERIVATIVE ANALYSIS

Overview

India Indices- On Tuesday Nifty index opened gap down  at 7897.40 with 48.15 points down from the previous day closing at 7945.55 and closed negative at 7852.40. Nifty opened 48.15 points down with the day high of 7943.05 and the full day we saw continuous selling in Nifty and near the closing of the market Nifty traded with the day low of 7842.70 and closed negative at 7852.40 with -1.17%, -93.15  pointsdown. And the full day Nifty Index traded between 7943.05-7842.70.  At the end of the day Nifty futures Loosed -1.16%, -92.75 points down to close at 7890.00 from the previous day closing at 7983.65 with daily premium of 38.50 points and  percent change in open interest of 4.04%.

Bank Nifty –Bank Nifty index opened at 15214.25 with  -101.95 points down from the previous day closing at  15316.20 and closed negative at 15180.25. At the opening Bank Index traded with the day high of 15344.60 and the full market day we saw continuous selling  in Bank Index and near the closing of the market Bank Index  traded with the day low of 15157.70 and closed negative at  15180.25 with -0.89%, -135.95 points down, and the full day Bank Nifty Index traded between 15344.60-15157.70. At the end of the market day Bank Nifty futures Loosed  -0.81%, -125.15 points down to close at 15260.45 from the  previous day closing at 15385.60 with the daily premium of  +80.25 points and percent change in open interest of  +5.86%.