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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Realty, Automobile, Chemicals sectors. Nifty Dec Future closed at 18720.1 (up 49.90 points) at a premium of 110.80 pts to spot.

* FIIs were net sellers in Cash to the tune of 1132 Cr and were net buyers in index futures to the tune of 769.86 Cr.

* India VIX decreased by 4.83% to close at 13.40 touching an intraday high of 14.89

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 18600, 18500 strike Puts while liquidation was seen at 18800, 18900, 19000 strike Calls indicating market is likely to remain positive during the day.

* Highest OI build-up is seen at 19000 strike Calls and 18600 strike Puts, to the tune of 17.48mn and 16.43mn 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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