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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Banking, Finance, Automobile sectors. Nifty Feb Future closed at 15332.20 (up 170.75 points) at a premium of 17.50 pts to spot.

* FIIs were net buyers in Cash to the tune of 1234.15 Cr and were net buyers in index futures to the tune of 522.92 Cr.

* India VIX decreased by 2.57% to close at 21.48 touching an intraday high of 22.39.

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, 15000 strike Puts and at 15300, 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 15000 strike Put, to the tune of 5.01mn and 5.33mn respectively.

Outlook on Nifty:

* Index is likely to open on a flat note today and is likely to remain range-bound during the day.

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