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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in IT, FMCG, Cement sectors. Nifty June Future closed at 15791.4 (up 95.55 points) at a premium of 1.00 pts to spot.

*  FIIs were net sellers in Cash to the tune of 2819 Cr and were net buyers in index futures to the tune of 1779.94 Cr.

*  India VIX decreased by 1.74% to close at 15.10 touching an intraday high of 15.64.

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 15800, 15700, 15300 strike Puts while unwinding was seen at 15700, 15800, 15900 strike Calls indicating market is likely to remain positive in the near term.

*  Highest OI build-up is seen at 15800 strike Call and 15500 strike Put, to the tune of 9.63mn and 8.63mn respectively.

Outlook on Nifty:

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

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