FIIs were net sellers in Cash to the tune of 3405.82 Cr and were net sellers in index futures to the tune of 36.95 Cr - Nirmal Bang Ltd
Summary
* Indian markets closed on negative note where selling was mainly seen in Automobiles, IT, FMCG Sectors. Nifty Mar Futures closed at 22191.05 (down 68.75 points) at a premium of 108.40 pts to spot.
* FIIs were net sellers in Cash to the tune of 3405.82 Cr and were net sellers in index futures to the tune of 36.95 Cr.
* India VIX increased by 0.49% to close at 13.83 touching an intraday high of 14.20.
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 22300, 22200, 22100, 22000 strike Calls and at 21800, 21900, 22000, 22100 strike Puts indicating market is likely to remain range bound in the near term.
* Highest OI build-up is seen at 22500 strike Calls and 22000 strike Puts, to the tune of 20.26mn and 19.30mn 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.
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Nifty is expected to open on a negative note and likely to witness range bound move during t...
