IGI Logo

Market Summary:

* Indian markets closed on a flat note where buying was mainly seen in FMCG, IT, Textile sectors. Nifty May Future closed at 15218 (up 15.35 points) at a premium of 9.55 pts to spot.

* FIIs were net buyers in Cash to the tune of 960 Cr and were net buyers in index futures to the tune of 1476.50 Cr

* India VIX decreased by 1.50% to close at 18.84 touching an intraday high of 21.05.

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 15300, 15200, 15100 strike Puts and at 15300, 15400, 15500 strike Calls indicating market is likely to remain positive in the near term.

* Highest OI build-up is seen at 15500 strike Call and 14500 strike Put, to the tune of 6.50mn and 6.30mn respectively.

Outlook on Nifty:

* Index is likely to open on a positive 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