Index is likely to open on a negative note today and is likely to remain rangebound during the day - Nirmal Bang
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/12/64137209d8871f1676bc7460b172437c.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Summary
* Indian markets closed on a negative note where selling was mainly seen in Automobile, Metals, Banking sectors. Nifty Dec Future closed at 18275.90 (down 105.55 points) at a premium of 43.00 pts to spot.
* FIIs were net buyers in Cash to the tune of 928.63 Cr and were net sellers in index futures to the tune of 650.59 Cr.
* India VIX decreased by 2.40% to close at 15.19 touching an intraday high of 16.30.
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 18100 strike Puts and at 18100, 18200 strike Calls indicating market is likely to remain range-bound in the near term.
* Highest OI build-up is seen at 18500 strike Calls and 18000 strike Puts, to the tune of 16.48mn and 15.29mn respectively.
Outlook on Nifty:
Index is likely to open on a negative note today and is likely to remain rangebound during the day.
To Read Complete Report & Disclaimer Click Here
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
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
![](https://portfolio.investmentguruindia.com/uploads/news/port57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Broker _15.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit market watch.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/mobile57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/health57.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Nifty registers best week in 2 months after rising for 6 consecutive sessions](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/95f11bf3e1fc515ff0aed747520314dc.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
More News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2021/09/3de31c36008ece8538ffa65d505e2e14.jpg)
Indian markets could open flat to mildly higher, in line with mildly higher Asian markets to...
![We reiterate our structural positive stance and expect the Nifty to challenge the all-time high of 18600 in coming couple of week - ICICI Direct](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/11/d751c8636a276af5b4dd2bf57631f77d.jpg)
![Market is expected to open gap up and likely to witness positive move during the day - Nirmal Bang](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/01/d9730463f4a295539e043340bc997626.jpg)
![Bank Nifty opened on a flat note and witnessed selling in the initial hour of the session - Axis Securities Ltd](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)