India VIX increased by 3.83% to close at 16.33 - Nirmal Bang Ltd
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Summary
* Indian markets closed on a negative note where selling was mainly seen in Banking, Auto, Oil & Gas Sectors. Nifty Feb Futures closed at 21921.35 (down 281.70 points) at a discount of 29.80 pts to spot.
* FIIs were net sellers in Cash to the tune of 1879.23 Cr and were net sellers in index futures to the tune of 242.96 Cr.
* India VIX increased by 3.83% to close at 16.33 touching an intraday high of 16.74.Summary
* Indian markets closed on a negative note where selling was mainly seen in Banking, Auto, Oil & Gas Sectors. Nifty Feb Futures closed at 21921.35 (down 281.70 points) at a discount of 29.80 pts to spot.
* FIIs were net sellers in Cash to the tune of 1879.23 Cr and were net sellers in index futures to the tune of 242.96 Cr. ? India VIX increased by 3.83% to close at 16.33 touching an intraday high of 16.74.
Outlook on Nifty:
Index is likely to open on a flattish note today and is likely to remain cautious during the day.
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