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Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Banking, Finance, FMCG sectors. Nifty June Future closed at 15784.80 (up 84.00 points) at a premium of 33.20 pts to spot.

* FIIs were net sellers in Cash to the tune of 186 Cr and were net buyers in index futures to the tune of 515 Cr.

* India VIX decreased by 2.33% to close at 15.57 touching an intraday high of 15.94.

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, 15500 strike Puts and at 15900, 16000 strike Calls indicating market is likely to remain positive in the near term.

* Highest OI build-up is seen at 16000 strike Call and 15000 strike Put, to the tune of 7.54mn and 8.39mn 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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