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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Auto, Realty, CapitalGoods sectors. Nifty Sep Future closed at 17833.1 (up 264.60 points) at a premium of 10.15 pts to spot.

* FIIs were net buyers in Cash to the tune of 358 Cr and were net buyers in index futures to the tune of 742.48 Cr.

* India VIX increased by 0.66% to close at 16.60 touching an intraday high of 16.94.

Open Interest in Nifty Options:

* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 17800, 17700, 17600 strike Puts and at 17900 strike Call indicating market is likely to remain positive in the near term.

* Highest OI build-up is seen at 18000 strike Call and 17000 strike Put, to the tune of 9.33mn and 10.08mn 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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