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Summary

* Indian markets closed on a positive note where buying was mainly seen in Auto, Metal, Information Technology, Consumer Durables, Financial Services. Nifty Dec Futures closed at 26009.50 (up 145.60 points) at a premium of 110.95 pts to spot.

* FIIs were net sellers in Cash to the tune of 2020.04 Cr and were net buyers in index futures to the tune of 291.46 Cr.

* India VIX decreased by 4.69% to close at 10.40 touching an intraday high of 11.19.

* The above second chart shows previous trading day’s change in Nifty options where liquidations in OI were seen in 26000, 25900, 25800, 25700 strike Calls and additions at 25900, 25800, 25700, 25600, 25500 strike Puts indicating market is likely to remain positive in the near term.

* Highest OI build-up is seen at 26000 strike Calls and 26000 strike Puts, to the tune of 22.05mn and 15.79mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a positive note today and is likely to remain positive during the day.

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