30-09-2024 09:11 AM | Source: Nirmal Bang Ltd
FIIs were net sellers in Cash to the tune of 1209.10 Cr and were net buyers in index futures to the tune of 1727.56 Cr - Nirmal Bang Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Summary

* Indian markets closed on a flat note where buying was mainly seen in Metals, Automobiles, Pharma sectors. Nifty Oct Futures closed at 26345.15 (up 36.30 points) at a premium of 166.20 pts to spot.

* FIIs were net sellers in Cash to the tune of 1209.10 Cr and were net buyers in index futures to the tune of 1727.56 Cr.

* India VIX decreased by 0.62% to close at 11.96 touching an intraday high of 12.08.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 26300, 26200, 26100, 26000 strike Puts and at 26200, 26300, 26400, 26500 strike Calls indicating market is likely to remain range-bound in the near term.

* Highest OI build-up is seen at 26000 strike Calls and 26000 strike Puts, to the tune of 8.86mn and 14.40mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a negative note today and is likely to remain rangebound during the day.

 

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer