India VIX increased by 1.31% to close at 10.19 touching an intraday high of 10.54 - Nirmal Bang Ltd
Summary
* Indian markets closed on a positive note where buying was mainly seen in IT, Financial Services, Healthcare. Nifty Sept Futures closed at 25185.40 (up 178.80 points) at a premium of 107.75 pts to spot.
* FIIs were net sellers in Cash to the tune of 313.77 Cr and were net sellers in index futures to the tune of 1503.46 Cr.
* India VIX increased by 1.31% to close at 10.19 touching an intraday high of 10.54.
* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 25400, 25300, 25200,25100 strike Calls and at 25000, 24900,24700,24600 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 21.36mm and 29.44mn respectively.
Open Interest in Nifty Options:
Outlook on Nifty:
Index is likely to open on a flattish 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
