Reliance in action

DERIVATIVES REPORT

In the derivatives segment of National Stock Exchange (NSE), 210,493 contracts worth Rs 6,841.18 crore were traded on Tuesday.

The Nifty put-call ratio spiked to 0.87 from 0.74, while there was no change in the open interest in Nifty futures. Foreign institutional investors have purchased index options worth Rs 170 crore in the last two trading sessions.

In Tuesday's trading, the most active futures contracts were the Nifty, Reliance Industries, Tata Steel, Infosys Technologies and TCS.

IPCL added over 10 lakh shares in open interest. The total open interest in IPCL stands at 1.3 crore shares, which is an all-time high. Technology stocks added huge open interest during the day.

Infosys added 12 per cent, HCL Tech added 12 per cent, Wipro added 5 per cent, i-flex solutions added 5 per cent and Satyam Computer added 4 per cent in open positions.

Among other stocks, Bank of India added 10 per cent, HPCL added 10 per cent and Gujarat Ambuja Cements added 2 per cent in open interest.

HDFC shed 18 per cent, Reliance Industries shed 7.5 lakh shares or 7 per cent and Maruti and Shipping Corporation of India shed 3 per cent each in open positions.