IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in IT, Metals, Oil & Gas Sectors. Nifty June Futures closed at 25181.80 (up 85.50 points) at a premium of 78.60 pts to spot.

* FIIs were net buyers in Cash to the tune of 1992.87 Cr and were net sellers in index futures to the tune of 537.66 Cr.

* India VIX increased by 0.42% to close at 14.69 touching an intraday high of 15.52.

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 25300, 25200, 25100 strike Calls and at 24800, 24900, 25000, 25100 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 15.22mn and 16.57mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a positive 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