FIIs Sell Rs. 3411 Cr in Cash, Buy Rs. 1983 Cr in Index Futures - Nirmal Bang Ltd
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Summary
* Indian markets closed on a flat note where buying was mainly seen in Automobiles, IT, Pharmaceutical Sectors. Nifty Nov Futures closed at 23534.80 (up 20.85 points) at a premium of 16.30 pts to spot.
* FIIs were net sellers in Cash to the tune of 3411.73 Cr and were net buyers in index futures to the tune of 1983.52 Cr.
* India VIX increased by 3.26% to close at 15.66 touching an intraday high of 16.19.
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 23000, 23100, 23300, 23400 strike Puts and at 23900, 23800, 23700 strike Calls indicating market is likely to remain range bound in the near term.
* Highest OI build-up is seen at 24000 strike Calls and 23000 strike Puts, to the tune of 17.71mn and 17.67mn respectively.
Open Interest in Nifty Options:
Outlook on Nifty:
Index is likely to open on a flat note today and is likely to remain range bound during the day.
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766
