FIIs were net sellers in Cash to the tune of 3731.59 Cr and were net buyers in index futures to the tune of 159.42 Cr - Nirmal Bang Ltd
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Summary
* Indian markets closed on a positive note where buying was mainly seen in Banking, Information Technology, Financial Services sectors. Nifty Oct Futures closed at 25221.50 (up 171.95 points) at a premium of 93.55 pts to spot.
* FIIs were net sellers in Cash to the tune of 3731.59 Cr and were net buyers in index futures to the tune of 159.42 Cr.
* India VIX decreased by 1.70% to close at 13.00 touching an intraday high of 13.74.
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 25500, 25400, 25300, 25200 strike Calls and at 24900, 25000, 25100, 25200 strike Puts indicating market is likely to remain positive in the near term.
* Highest OI build-up is seen at 25500 strike Calls and 25000 strike Puts, to the tune of 10.95mn and 16.17mn respectively.
Open Interest in Nifty Options:
Outlook on Nifty:
Index is likely to open on a flattish note today and is likely to remain positive during the day.
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