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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Auto, IT, Realty sectors. Nifty June Future closed at 15572.9 (up 169.55 points) at a premium of 16.30 pts to spot.

* FIIs were net sellers in Cash to the tune of 2319 Cr and were net buyers in index futures to the tune of 853.06 Cr.

* India VIX decreased by 1.97% to close at 20.88 touching an intraday high of 21.71.

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 15500, 15400, 15300 strike Puts while liquidation was seen at 15500, 15400, 15700 strike Calls indicating market is likely to remain bullish during the day.

* Highest OI build-up is seen at 16000 strike Calls and 15000 strike Puts, to the tune of 12.52mn and 15.36mn respectively.

Outlook on Nifty:

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

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