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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Cement, Automobile, Banking sectors. Nifty June Future closed at 15751.2 (up 91 points) at a premium of 13.50 pts to spot.

* FIIs were net buyers in Cash to the tune of 1330 Cr and were net sellers in index futures to the tune of 944.77 Cr.

* India VIX increased by 1.69% to close at 15.00 touching an intraday high of 15.20.

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, 15600 strike Puts while liquidation was seen at 15700, 15600, 15900, 16000 strike Calls indicating market is likely to remain positive in near term.

* Highest OI build-up is seen at 16000 strike Call and 15000 strike Put, to the tune of 9.12mn and 8.74mn 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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