IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in Media, IT, Financial Services. Nifty Dec Futures closed at 26,390.90 (up 9.70 points) at a premium of 175.35 pts to spot.

* FIIs were net sellers in Cash to the tune of 1255.20 Cr and were net buyers in index futures to the tune of 746.58 Cr.

* India VIX decreased by 1.52% to close at 11.79 touching an intraday high of 12.24.

* 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 25900, 25800, 25700, 25,500 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 15.84mn and 27.14mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a flat 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 INH00000176