India VIX decreased by 2.79% to close at 18.02 touching an intraday high of 19.04 - Nirmal Bang Ltd
Summary
* Indian markets closed on a negative note where selling was mainly seen in FMCG, Pharmaceuticals, Metals Sectors. Nifty May Futures closed at 24762.50 (down 100.10 points) at a premium of 10.05 pts to spot.
* FIIs were net buyers in Cash to the tune of 4662.92 Cr and were net sellers in index futures to the tune of 2100.20 Cr.
* India VIX decreased by 2.79% to close at 18.02 touching an intraday high of 19.04.
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 24900, 24800, 24700 strike Calls and at 24600, 24700, 24800 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 22.27mn and 13.97mn 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.
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH00000176
Tag News
Nifty is expected to open on a flattish note and likely to witness range bound move during t...
