India VIX increased by 2.07% to close at 15.83 - Nirmal Bang Ltd
Summary
* Indian markets closed on a negative note where selling was mainly seen in Banking, Automobiles and FMCG Sectors. Nifty Feb Futures closed at 21814.60 (down 189.10 points) at a premium of 96.65 pts to spot.
* FIIs were net sellers in Cash to the tune of 4933.78 Cr and were net sellers in index futures to the tune of 1204.66 Cr.
* India VIX increased by 2.07% to close at 15.83 touching an intraday high of 16.03.
* The above second chart shows previous trading day’s change in Nifty options where Liquidation in OI were seen in 21700, 21800, 21900 strike Puts and were seen at 22100, 22000, 21900 strike Calls indicating market is likely to remain range bound in the near term.
* Highest OI build-up is seen at 22000 strike Calls and 21500 strike Puts, to the tune of 10.17mn and 6.64mn respectively.
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