IGI Logo

Summary

* Indian markets closed on flat note where selling was mainly seen in Realty, Automobiles, Media Sectors. Nifty Mar Futures closed at 22683.65 (up 101.50 points) at a premium of 138.60 pts to spot.

* FIIs were net sellers in Cash to the tune of 556.56 Cr and were net buyers in index futures to the tune of 953.38 Cr.

* India VIX decreased by 2.97% to close at 13.31 touching an intraday high of 14.01.

* The above second chart shows previous trading day’s change in Nifty options where Liquidation in OI were seen in 22700, 22600, 22500 strike Calls and at 22400, 22500, 22600 strike Puts indicating market is likely to remain under pressure in the near term.

* Highest OI build-up is seen at 23000 strike Calls and 22000 strike Puts, to the tune of 11.65mn and 12.13mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a gap down note today and is likely to remain under pressure during the day.

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