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Summary

* Indian markets closed on a flat note where selling was mainly seen in IT, Metals, Realty Sectors. Nifty June Futures closed at 24803.10 (down 23.80 points) at a premium of 9.85 pts to spot.

* FIIs were net buyers in Cash to the tune of 934.62 Cr and were net buyers in index futures to the tune of 425.85 Cr.

* India VIX decreased by 0.14% to close at 14.26 touching an intraday high of 14.37.

* The above second chart shows previous trading day’s change in Nifty options where Liquidation in OI were seen in 25000, 24900, 24800 strike Calls and at 24500, 24700, 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 25000 strike Puts, to the tune of 13.60mn and 11.05mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a flattish note today and is likely to remain range bound during the day.

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