Derivatives Market Summary:
- Nifty July’09 tumbled 2.55% on the back of renewed selling pressure. During the day, its open interest rose 8.92% as compared to previous day.
- JPASSICAT and IDFC lost 6.47% and 6.09% respectively due to short selling by bears.
- Surprisingly, STER July,09 contract gained 3.05% with buying witnessed in a declining market.
- Similarly, INFOSYSTCH added 2.49% during the day.
- The Put-Call Ratio (PCR) for total F&O remained at 0.85 for the day.
- FIIs were net buyers in all index options, index futures and stock futures.