Nov. 9, 2009 (The Hindu Business Line) --
Among the options, 4800, 4700 puts were the most active and they accumulate 18.67 lakh shares and 10.08 lakh shares in open interests. This suggests the emergence of put writers and limited downside potential.
Among the calls, 4900 and 4800 strikes were the most active and shed open interest positions, indicating profit booking.
Stock futures
Reliance Industries was the most active. Among the individual securities, Suzlon saw biggest drop in open interest positions. It shed 25.35 lakh shares and closed at 66.6 against the spot close of 66.5. The other counters that shed open position include SBI and DLF.
However, ICICI Bank (NYSE:IBN) , Tata Steel (OOTC:TAELF) , Jindal Steel, Bharti Airtel and Reliance added open position. Among these, only Bharti Airtel futures ended on weak note.
SBI, ICICI Bank, Axis Bank and Tata Motors ended in discount with respect to the spot close, indicating accumulation of short positions.
FII activity
Foreign investors maintained their buying on Monday as well; they were net buyers to the tune of Rs 800 crore in the F&O segment.
