IGI Logo

Summary

* Indian markets closed on a negative note where selling was mainly seen in Metal, Finance, Realty. Nifty Nov Futures closed at 25627.20 (down 81.10 points) at a premium of 117.50 pts to spot.

* FIIs were net sellers in Cash to the tune of 3263.21 Cr and were net sellers in index futures to the tune of 513.18 Cr.

* India VIX decreased by 1.91% to close at 12.41 touching an intraday high of 12.87

* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 25500, 25600, 25700, 25800, 26000 strike Calls and at 25500, 25400, 25300 strike Puts indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 26000 strike Calls and 25000 strike Puts, to the tune of 25.97 mn and 20.04 mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a negative 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