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HinduBusinessLine

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F&O Tracker: Indices see a pause as momentum slows

  • Nifty futures dropped 1.2% over the past week with open interest around 135 lakh contracts.
  • Selling of call options surpassed that of puts, resulting in a drop in Put Call Ratio (PCR).
  • Nifty futures might witness further correction with possible support levels at 25,100, 24,750, 24,500, and 24,000.
  • Nifty Bank futures slipped 0.7% last week with a slight increase in open interest, suggesting a chance of further moderation.

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