India VIX increased by 1.37% to close at 11.98 touching an intraday high of 12.42 - Nirmal Bang Ltd
Summary
* Indian markets closed on a flat note where buying was mainly seen in Pharmaceuticals, Realty & Consumer Durables Sectors. Nifty Jul Futures closed at 25167.50 (down 55.90 points) at a premium of 85.20 pts to spot.
* FIIs were net sellers in Cash to the tune of 1614.32 Cr and were net sellers in index futures to the tune of 3277.84 Cr.
* India VIX increased by 1.37% to close at 11.98 touching an intraday high of 12.42.
* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 25300, 25200, 25100, 25000 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 20.36mn and 21.13mn 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
