Indian Markets Closed on a Negative Note Where Selling Was Mainly Seen in IT - Nirmal Bang
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2022/09/853a00f0f9b4d0528152d8f6462ee0ce.jpg)
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Market Summary:
* Indian markets closed on a negative note where selling was mainly seen in IT, Telecom, Power sectors. Nifty Sep Future closed at 16814.0 (down 44.70 points) at a discount of 4.10 pts to spot.
* FIIs were net sellers in Cash to the tune of 3599 Cr and were net sellers in index futures to the tune of 1007.46 Cr.
* India VIX decreased by 3.58% to close at 21.30 touching an intraday high of 22.29
Open Interest in Nifty Options:
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen 17000, 16900, 16800 strike Calls and at 16800, 16700 strike Puts indicating market is likely to remain range bound during the day.
* Highest OI build-up is seen at 17000 strike Calls and 16800 strike Puts, to the tune of 15.85mn and 9.90mn respectively.
Outlook on Nifty:
* Index is likely to open on a flattish note today and is likely to remain range bound during the day
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
![](https://portfolio.investmentguruindia.com/uploads/news/Ashok Leyland.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/PNB Housing Finance Ltd.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/rupee dollar.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Karandlaje26.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/indusrty26.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/MyGov26.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Lic_22.12.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/HDFC Securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Motilal oswal Finacial Services_56.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/homefirst_logo.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/cc796169e4f7c012914c95f4a8efe430.jpg)
Weekly Market Analysis : Markets strengthened recovery and gained nearly 2% in the passing w...
![Weekly market outlook : The market is eagerly awaiting data on inflation and industrial production to provide further guidance Says Vinod Nair, Geojit Financial Services](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/5f1fa5f12be5ac87ff9258ea3909f0f8.jpg)
![Market Quote : Benchmark Indices ended the week today just a few percentage away from record highs Says S Ranganathan, LKP securities](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/f33c3d1dad571464e55a94475ae32892.jpg)
![Daily Market Commentary : Nifty closed higher for the sixth straight day with gains of 93 points (+0.5%) at 19820 levels Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/investmentguruimages/upload/post/2023/09/009b2b15289ce4f7e143526434c946d5.jpg)