IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in IT, Metal, Pharmaceuticals. Nifty Sept Futures closed at 25273.80 (up 153.40 points) at a premium of 92.00 pts to spot.

* FIIs were net buyers in Cash to the tune of 1308.16 Cr and were net buyers in index futures to the tune of 544.56 Cr.

* India VIX decreased by 1.86% to close at 10.12 touching an intraday high of 10.57.

* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 25400, 25500,strike Calls and at 25100,25000, 24900,24800 strike Puts indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 25500 strike Calls and 25000 strike Puts, to the tune of 17.68mm and 25.05mn 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

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH00000176