IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in Realty, Financial Services, Metals Sectors. Nifty Jul Futures closed at 25540.10 (up 31.50 points) at a premium of 79.10 pts to spot.

* FIIs were net sellers in Cash to the tune of 760.11 Cr and were net sellers in index futures to the tune of 747.45 Cr.

* India VIX decreased by 0.56% to close at 12.32 touching an intraday high of 12.70.

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 25700, 25600, 25500 strike Calls and at 25200, 25300, 25400, strike Puts indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 26000 strike Calls and 25000 strike Puts, to the tune of 17.40mn and 18.53mn respectively.

Outlook on Nifty:

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

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH00000176