IGI Logo

Summary

* Indian markets closed on a negative note where selling was mainly seen in Oil-Gas, Pharma, FMCG sectors. Nifty Aug Future closed at 19252 (down 90.50 points) at a discount of 1.80 pts to spot.

* FIIs were net sellers in Cash to the tune of 2973 Cr and were net sellers in index futures to the tune of 2489.96 Cr.

* India VIX increased by 2.22% to close at 12.06 touching an intraday high of 12.28.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen at 19300, 19200 strike Calls and at 19200 strike Put indicating that the market is likely to remain range-bound in the near term.

* Highest OI build-up is seen at 19300 strike Calls and 19000 strike Puts, to the tune of 14.23mn and 16.49mn respectively.

Open Interest in Nifty Options:

To Read Complete Report & Disclaimer Click Here

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
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