IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in Automobiles, Banking, Realty sectors. Nifty Sept Futures closed at 25767.75 (up 278.65 points) at a discount of 23.10 pts to spot.

* FIIs were net buyers in Cash to the tune of 14064.05 Cr and were net buyers in index futures to the tune of 9144.57 Cr.

* India VIX increased by 2.24% to close at 12.79 touching an intraday high of 13.11.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 25500, 25600, 25700, 25800 strike Puts and at 25900, 25800, 25700 strike Calls indicating market is likely to remain positive in the near term.

* Highest OI build-up is seen at 26000 strike Calls and 25000 strike Puts, to the tune of 11.24mn and 17.74mn respectively.

Outlook on Nifty:

Index is likely to open on a gap up note today and is likely to remain positive during the day.

Open Interest in Nifty Options:

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