India VIX decreased by 1.42% to close at 11.62 touching an intraday high of 11.79 - Nirmal Bang Ltd
Summary
* Indian markets closed on a flattish note where buying was mainly seen in Media, Automobiles, Pharmaceuticals. Nifty Dec Futures closed at 26,387.40 (down 3.50 points) at a premium of 184.45 pts to spot.
* FIIs were net sellers in Cash to the tune of 3795.72 Cr and were net sellers in index futures to the tune of 51.11 Cr.
* India VIX decreased by 1.42% to close at 11.62 touching an intraday high of 11.79.
* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 26300, 26400, 26500 strike Calls and at 26200, 26100, 26000, 25,900 strike Puts indicating market is likely to remain positive in the near term.
* Highest OI build-up is seen at 26500 strike Calls and 26000 strike Puts, to the tune of 19.55mn and 29.24mn respectively.
Open Interest in Nifty Options:


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