IGI Logo

Summary

* Indian markets closed on positive note where buying was mainly seen in FMCG, Banking, Automobiles Sectors. Nifty Dec Futures closed at 24830.75 (up 182.20 points) at a premium of 62.45 pts to spot.

* FIIs were net buyers in Cash to the tune of 2335.32 Cr and were net buyers in index futures to the tune of 480.78 Cr.

* India VIX decreased by 1.04% to close at 13.05 touching an intraday high of 14.72.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 24600, 24700, 24800 strike Puts and at 25000, 24900, 24800 strike Calls indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 25000 strike Calls and 24000 strike Puts, to the tune of 13.88mn and 16.33mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a negative 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