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Summary

* Indian markets closed on a positive note where buying was mainly seen in Financial, PSU Banks, Realty. Nifty Sept Futures closed at 25424.80 (up 218.80 points) at a premium of 101.25 pts to spot.

* FIIs were net buyers in Cash to the tune of 68.64 Cr and were net sellers in index futures to the tune of 1008.19 Cr.

* India VIX decreased by 5.60% to close at 10.53 touching an intraday high of 11.16.

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

* Highest OI build-up is seen at 25500 strike Calls and 25000 strike Puts, to the tune of 14.84mm and 19.30mn 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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