Business Line

Chennai: The turnover declined to about Rs 32,068 crore in the F&O segment on the NSE; the NSE Nifty future added more short positions and ended at 2803.05 against the spot close of 2781.35. It added 16.68 lakh shares in open interest positions while cost-of-carry also further widened to 14.91 points.

Among the Nifty options, 2700 put and 2800 call were the most active. While calls such as 2800, 2900 and 3000 saw the emergence of writers, puts at lower strikes such as 2500 and 2450 witnessed fresh accumulations of open interest positions.

Stock futures

The active counters such as Reliance Industries, SBI and DLF saw their discount widening further, indicating fresh accumulation of short positions.

However, for Educomp Solutions the discount narrowed down considerably due to reverse arbitration. While the future gained 2.84 per cent at 1315.65, the spot tumbled to 4 per cent to end at 1424.05. Traders went short in the cash segment and long in the future segment to capitalise on the huge discount.

DLF saw some short covering as it ended up at 129.55 but still with sharp discount against the spot close of 139.45.

WWIL also hogged the limelight; it added about 48.47 lakh shares (or 155 per cent) in open interest and closed at 17.1 against the spot close of 17.15.