IGI Logo

Market Summary:

* Indian markets closed on a negative note where selling was mainly seen in Banking, Cement, Textile sectors. Nifty Feb Future closed at 17290.2 (down 27.15 points) at a discount of 14.40 pts to spot.

* FIIs were net sellers in Cash to the tune of 1242 Cr and were net buyers in index futures to the tune of 890.39 Cr.

* India VIX decreased by 6.85% to close at 22.01 touching an intraday high of 22.37.

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 17300, 17200 strike Puts and at 17400 strike Calls indicating market is likely to remain in the range of 17700 to 17100 in the near term.

* Highest OI build-up is seen at 17500 strike Call and 17000 strike Put, to the tune of 11.51mn and 12.78mn respectively

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