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Summary

* Indian markets closed on a flat note where buying was mainly seen in IT, PSU Banks, Realty Sectors. Nifty Sept Futures closed at 25072.30 (up 122.00 points) at a premium of 99.20 pts to spot.

* FIIs were net sellers in Cash to the tune of 115.69 Cr and were net buyers in index futures to the tune of 698.35 Cr.

* India VIX decreased by 1.38% to close at 10.54 touching an intraday high of 10.84.

* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 25400, 25300, 25200,25100 strike Calls and at 24800, 24900, 25000 strike Puts indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 25000 strike Calls and 25000 strike Puts, to the tune of 19.35mn and 20.40mn respectively

Open Interest in Nifty Options:

Outlook on Nifty:

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

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