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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Realty, Cement, IT sectors. Nifty Dec Future closed at 18948.3 (up 73.80 points) at a premium of 135.80 pts to spot.

* FIIs were net sellers in Cash to the tune of 1566 Cr and were net sellers in index futures to the tune of 526.09 Cr.

* India VIX decreased by 3.24% to close at 13.36 touching an intraday high of 14.23.

Open Interest in Nifty Options:

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen at 18900, 18800 strike Puts and at 18900, 19000 strike Calls indicating market is likely to remain range bound during the day.

* Highest OI build-up is seen at 19000 strike Calls and 18800 strike Puts, to the tune of 19.91mn and 17.22mn respectively

Outlook on Nifty:

* Index is likely to open on a flattish note today and is likely to remain range bound during the day.

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