IGI Logo

Market Summary:

* Indian markets closed on a positive note where buying was mainly seen in IT, Banking, Finance sectors. Nifty Aug Future closed at 17974.1 (up 123.45 points) at a premium of 29.85 pts to spot.

* FIIs were net buyers in Cash to the tune of 2347 Cr and were net buyers in index futures to the tune of 7.12 Cr.

* India VIX decreased by 0.04% to close at 17.68 touching an intraday high of 17.79.

Open Interest in Nifty Options:

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 18000, 17900, 17800 strike Puts and at 17900, 18000 strike Calls indicating positive outlook in the market in the near term.

* Highest OI build-up is seen at 18000 strike Calls and 17500 strike Puts, to the tune of 12.98mn and 11.69mn respectively

Outlook on Nifty:

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

To Read Complete Report & Disclaimer Click Here
 

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

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