26-02-2024 08:59 AM | Source: Nirmal Bang Ltd
India VIX decreased by 1.48% to close at 14.97 touching an intraday high of 15.44 - Nirmal Bang Ltd

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Summary

* Indian markets closed on a flattish note where buying was mainly seen in Telecom, Realty, Media Sectors. Nifty Feb Futures closed at 22228.85 (down 14.40 points) at a premium of 16.15 pts to spot.

* FIIs were net buyers in Cash to the tune of 1276.09 Cr and were net sellers in index futures to the tune of 135.67 Cr.

* India VIX decreased by 1.48% to close at 14.97 touching an intraday high of 15.44.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 22000, 22200, 22300 strike Puts and at 22500, 22400, 22300, strike Calls indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 22500 strike Calls and 22000 strike Puts, to the tune of 7.57mn and 11.19mn respectively

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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