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Summary

* Indian markets closed on a flat note where buying was mainly seen in IT, Metals, Realty sectors. Nifty Sept Futures closed at 25372.60 (up 16.30 points) at a premium of 16.10 pts to spot.

* FIIs were net buyers in Cash to the tune of 2364.82 Cr and were net buyers in index futures to the tune of 1338.89 Cr.

* India VIX decreased by 4.79% to close at 12.55 touching an intraday high of 13.18.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 25100, 25200, 25300, 25400 strike Puts and at 25600, 25500, 25400 strike Calls indicating market is likely to remain positive the near term.

* Highest OI build-up is seen at 25000 strike Calls and 25000 strike Puts, to the tune of 10.06mn and 20.95mn 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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