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Bloomberg Quint

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May F&O Expiry: Nifty Starts On Lighter Note With 25,000 Still Difficult Peak To Conquer

  • The Nifty 50 companies lost Rs 4 lakh crore market cap on Thursday due to SEBI's F&O curbs and Middle East tensions.
  • Nifty Futures rolled over 76.27% of positions to the June contract, starting with an open interest of Rs 37,265 crore.
  • There is significant Call writing between 24,800 and 25,000 levels, with total Call open interest acting as resistance at 25,000.
  • Foreign investors are cautious in the June contract, with a higher proportion of short positions and a decline in long positions.

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