IGI Logo

Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Metals, Pharma, Technology sectors. Nifty June Future closed at 15817.30 (up 66.05 points) at a premium of 17.95 pts to spot.

* FIIs were net buyers in Cash to the tune of 18.64 Cr and were net sellers in index futures to the tune of 121.70 Cr

* India VIX decreased by 5.99% to close at 14.10 touching an intraday high of 15.00

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, 15800 strike Puts while liquidation was seen at 15700, 15800, 15900, 16000 strike Calls indicating market is likely to remain positive in near term.

* Highest OI build-up is seen at 16000 strike Call and 15000 strike Put, to the tune of 6.99mn and 8.98mn respectively.

Outlook on Nifty:

* Index is likely to open on a negative note today and is likely to remain positive during the day.

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://investmentguruindia.com/Disclaimer/nirmal.html

SEBI Registration number is INH000001766

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer