Here's the simplest explanation to what's been happening at the Markets today

Both the Nifty and the Sensex remain under selling pressure for the fourth day in a row on Wednesday. However, the futures and options space is abuzz with derivatives moving in either direction and with equal steam. Here is a snapshot on the the derivatives segment is trading post noon.

MAJOR INDICES
Nifty Futures fell 30 points to 7,769
Bank Nifty Futures dropped 243 points to 16,319 points
CNX IT Futures rose 198 points to 11,690 points

TOP PRICE GAINERS
IB Real Estate
Shriram Transport
Reliance Capital
Sun TV

TOP PRICE LOSERS
Union Bank
Punjab National Bank
BHEL
Mahindra & Mahindra

TOP OI GAINERS
Amara Raja Batteries
Union Bank
Reliance Capital
State Bank of India

TOP OI LOSERS
Dabur
United Breweries
Andhra Bank
Hindustan Zinc

MOST ACTIVE FUTURES
State Bank of India
Axis Bank
Yes Bank
ICICI Bank

TOP TRADED CALLS
SBI 250 Sept
Axis Bank 500 Sept
SBI 240 Sept

TOP TRADED PUTS
SBI 230 Sept
Tata Steel 210 Sept
Axis Bank 460 Sept

Image credit: Indiatimes