India VIX increased by 1.77% to close at 12.36 touching an intraday high of 12.47 - Nirmal Bang Ltd
Summary
* Indian markets closed on a flattish note where selling was mainly seen in FMCG, Metal,Realty Sectors. Nifty Aug Futures closed at 24684.70 (down 27.50 points) at a premium of 53.40 pts to spot.
* FIIs were net sellers in Cash to the tune of 1926.76 Cr and were net sellers in index futures to the tune of 17.85 Cr.
* India VIX increased by 1.77% to close at 12.36 touching an intraday high of 12.47.
* The above second chart shows previous trading day’s change in Nifty options where Liquidations in OI were seen in 25000, 24900, 24800,24700 strike Calls and at 24400, 24500, 24600, 24700 strike Puts indicating market is likely to remain range bound in the near term.
* Highest OI build-up is seen at 25000 strike Calls and 24000 strike Puts, to the tune of 15.40mn and 13.74mn respectively.
Open Interest in Nifty Options:
Outlook on Nifty:
Index is likely to open on a Gap up 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
Tag News
Market is expected to open on a gap up note and likely to witness positive move during the d...
