Markets ended lower; Nifty futures down as options signal rangebound - Nirmal Bang Ltd
.jpg)
Summary
Indian markets closed on a negative note where selling was mainly seen in Automobiles, FMCG, Consumer Durables, Chemicals and Realty. Nifty Jan Futures closed at 25,788.30 (down 197.30 points) at a premium of 105.00 pts to spot.
The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 26000, 25900, 25800, 25700 strike Calls and Liquidations at 26200, 26100, 26000, 25900, 25800 strike Puts indicating market is likely to remain range bound in near term.
Highest OI build-up is seen at 26000 strike Calls and 25500 strike Puts, to the tune of 36.83mn and 17.64mn respectively.
Open Interest in Nifty Options
Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH00000176
