IGI Logo

Summary

* Indian markets closed on a negative note where selling was mainly seen in IT, Automobiles & Financial Services Sectors. Nifty Jul Futures closed at 25174.60 (down 71.20 points) at a premium of 63.15 pts to spot.

* FIIs were net sellers in Cash to the tune of 1989.23 Cr and were net sellers in index futures to the tune of 3694.31 Cr.

* India VIX increased by 0.02% to close at 11.24 touching an intraday high of 11.54

* The above second chart shows previous trading day’s change in Nifty options where Liquidation in OI were seen in 25400, 25300, 25200, 25100 strike Calls and at 24900, 25000, 25100, 25200 strike Puts indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 25500 strike Calls and 25000 strike Puts, to the tune of 12.59mn and 15.30mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a flat note today and is likely to remain range bound during the day.

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