Index is likely to open on a positive note today and is likely to remain positive during the day - Nirmal Bang
![](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
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 positive note where buying was mainly seen in Banking, Automobile, Technology sectors. Nifty Nov Future closed at 19723.3.0 (up 226.15 points) at a premium of 47.85 pts to spot
FIIs were net buyers in Cash to the tune of 550.19 Cr and were net buyers in index futures to the tune of 347.25 Cr.
India VIX decreased by 0.46% to close at 11.14 touching an intraday high of 11.42.
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 19700, 19600, 19500, 19400 strike Puts and at 19700, 19800, 19900, 20000 strike Calls indicating market is likely to remain positive in the near term.
Highest OI build-up is seen at 20000 strike Calls and 19600 strike Puts, to the tune of 18.43mn and 18.04mn respectively.
Outlook on Nifty:
Index is likely to open on a positive note today and is likely to remain positive during the day
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx SEBI Registration number is INH000001766
![](https://portfolio.investmentguruindia.com/uploads/news/kotak securities.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/geojit Financial Services.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/TechMahindra23.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/powersector25.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Ajit Mishra.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/fsdkfjeljweoir.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/nirmalasitharaman230717.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Real estate sector_9477.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/global29.jpg)
![](https://portfolio.investmentguruindia.com/uploads/news/Dollar 30.jpg)
Tag News
![](https://portfolio.investmentguruindia.com/uploads/news/UnionBudget2024_25 (nirmal bang).jpg)
Union Budget 2024-25 by Nirmal Bang Ltd
![Market is expected to open gap down note and likely to witness selling pressure during the day - Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Nifty has an immediate support placed at 24240 and on a decisive close below expect a fall to 24140-24070 levels - Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
![Index is likely to open on a gap down note today and is likely to remain negative during the day - Nirmal Bang Ltd](https://portfolio.investmentguruindia.com/uploads/news/Nirmal bang.jpg)
More News
![](https://portfolio.investmentguruindia.com/uploads/news/Axis Securities Ltd.jpg)
Nifty opened with an upward gap and remained lacklustre within a narrow trading range throug...
![Benchmark index is likely to trade range bound today - Monarch Networth Capital Ltd](https://portfolio.investmentguruindia.com/uploads/news/Monarch networth.jpg)
![Daily Market Commentary : Nifty surged to new highs amid buying in index heavy weights and closed with gains of 89 points at 20,192 levels Says Mr. Siddhartha Khemka, Motilal Oswal](https://portfolio.investmentguruindia.com/uploads/news/baef83c8b8d156aa36295bc2e0c946ab.jpg)
![Nifty index registered a fresh life high closing as it continues to trend higher above its 5 DEMA support level of 22440 - Tradebulls Securities Pvt Ltd](https://portfolio.investmentguruindia.com/uploads/news/Tradebulls Securities.jpg)