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Market Summary: 

* Indian markets closed on a positive note where buying was mainly seen in Banking, Finance, Realty sectors. Nifty Nov Future closed at 18133.4 (up 236.60 points) at a premium of 30.70 pts to spot. 

* FIIs were net buyers in Cash to the tune of 511 Cr and were net buyers in index futures to the tune of 2103.06 Cr. 

* India VIX decreased by 6.94% to close at 15.22 touching an intraday high of 16.35.

Open Interest in Nifty Options:

* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 18100, 18000, 17900 strike Puts while liquidation was seen at 17900, 18000, 18100, 18200 strike Calls indicating market is likely to remain positive during the day.

* Highest OI build-up is seen at 18500 strike Call and 18000 strike Put, to the tune of 7.42mn and 10.37mn respectively.

Outlook on Nifty:

Index is likely to open on a gap up note today and is likely to remain positive during the day

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