IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in Metals Financial Services, Oil & Gas Sectors. Nifty Jul Futures closed at 25615.00 (up 362.80 points) at a premium of 66.00 pts to spot.

* FIIs were net buyers in Cash to the tune of 12594.38 Cr and were net buyers in index futures to the tune of 4806.67 Cr.

* India VIX decreased by 2.87% to close at 12.59 touching an intraday high of 13.33

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

* Highest OI build-up is seen at 26000 strike Calls and 25000 strike Puts, to the tune of 13.39mn and 17.08mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a gap up 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