Index is likely to open on a flattish note today and is likely to remain volatile during the day - Nirmal Bang
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/06/39a14d101f5f6624859b40cfbd21a127.jpg)
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Market Summary:
* Indian markets closed on a negative note where selling was mainly seen in Telecom, Metals, OilGas sectors. Nifty June Future closed at 15695.9 (down 77.35 points) at a premium of 8.95 pts to spot.
* FIIs were net buyers in Cash to the tune of 3157 Cr and were net buyers in index futures to the tune of 669.26 Cr.
* India VIX increased by 4.25% to close at 15.37 touching an intraday high of 15.54.
Open Interest in Nifty Options:
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 15900, 16000, 15700 strike Calls and at 15600, 15500 strike Puts indicating market is likely to remain positive in the near term.
* Highest OI build-up is seen at 15800 strike Call and 15500 strike Put, to the tune of 10.49mn and 8.97mn respectively
Outlook on Nifty:
* Index is likely to open on a flattish note today and is likely to remain volatile during the day.
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