IGI Logo

Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in Finance, Metals, IT sectors. Nifty June Future closed at 16621.2 (up 113.10 points) at a discount of 6.80 pts to spot.

* FIIs were net sellers in Cash to the tune of 452 Cr and were net sellers in index futures to the tune of 1349.87 Cr.

* India VIX decreased by 2.51% to close at 20.32 touching an intraday high of 21.00.

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 16600, 16500, 16400 strike Puts while liquidation was witnessed at 16600, 16800, 16900, 17000 strike Calls indicating bullish undertone in the market during the day.

* Highest OI build-up is seen at 17000 strike Calls and 16000 strike Puts, to the tune of 15.11mn and 16.33mn respectively.

Outlook on Nifty:

* Index is likely to open on a gap up note today and is likely to remain positive during the day.

To Read Complete Report & Disclaimer Click Here
 

Please refer disclaimer at https://investmentguruindia.com/Disclaimer/nirmal.html

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