India VIX decreased by 1.68% to close at 10.36 touching an intraday high of 10.78 - Nirmal Bang Ltd
Summary
* Indian markets closed on a flat note where buying was mainly seen in PSU Banks, Media, Oil & Gas Sectors. Nifty Sept Futures closed at 25104.50 (up 32.20 points) at a premium of 99.00 pts to spot.
* FIIs were net sellers in Cash to the tune of 3472.37 Cr and were net buyers in index futures to the tune of 635.60 Cr.
* India VIX decreased by 1.68% to close at 10.36 touching an intraday high of 10.78.
* 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 19.96mn and 26.70mn respectively.
Open Interest in Nifty Options:
Outlook on Nifty:
Index is likely to open on a positive note today and is likely to remain range bound during the day.
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