26-04-2024 08:48 AM | Source: Nirmal Bang Ltd
India VIX increased by 4.42% to close at 10.73 touching an intraday high of 11.46 - Nirmal Bang Ltd

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Summary

* Indian markets closed on a positive note where buying was mainly seen in Automobiles, Pharmaceuticals and Metals sectors. Nifty Apr Futures closed at 22583.60 (up 168.90 points) at a premium of 13.25 pts to spot.

* FIIs were net sellers in Cash to the tune of 2823.33 Cr and were net sellers in index futures to the tune of 272.10 Cr.

* India VIX increased by 4.42% to close at 10.73 touching an intraday high of 11.46.

* The above second chart shows previous trading day’s change in Nifty options where Liquidation in OI were seen in 22100, 22200, 22400, 22500 strike Puts and at 22800, 22700, 22600, 22500 strike Calls indicating market is likely to remain range bound the near term.

* Highest OI build-up is seen at 23000 strike Calls and 22000 strike Puts, to the tune of 7.58mn and 11.40mn 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 INH000001766

To Read Complete Report & Disclaimer     Click Here

Views express by all participants are for information & academic purpose only. Kindly read disclaimer before referring below views. Click Here For Disclaimer