Karvy official blames castor fiasco for delay, says payouts of Rs 5.5 crore to 30 clients under process.
On Wednesday, traders added huge OI at the 12,100-strike put for the current expiry.
This edition covers the basics of the commodity derivatives segment.
From around 12200-12250, profit booking could set in, said analysts.
Karvy Comtrade was one of the brokers whose clients long castor had defaulted in margin obligations.
NCDEX is country’s largest agri-derivatives exchange and 2nd -largest commodity derivatives bourse.
Placing a stop loss at Rs 1600 is advised, said Viral Berawala of Buoyant Capital.
In Idea, the near month futures open interest has increased by 31.55 per cent since Nov 14.
On Saturday and Sunday, Karvy Stock Broking received 53 posts on its Twitter handle.
FPIs were cumulatively net short index futures by 42158 contracts as on November 15.
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