IGI Logo

Summary

* Indian markets closed on a positive note where buying was mainly seen in Banking, Automobiles and Oil & Gas Sectors. Nifty Feb Futures closed at 21916.85 (up 93.10 points) at a premium of 76.80 pts to spot.

* FIIs were net sellers in Cash to the tune of 3929.60 Cr and were net sellers in index futures to the tune of 87.26 Cr.

* India VIX decreased by 2.35% to close at 15.44 touching an intraday high of 16.20. 

* The above second chart shows previous trading day’s change in Nifty options where Addition in OI were seen in 21600, 21700, 21800 strike Puts and at 22200, 22100, 22000 strike Calls indicating market is likely to remain positive in the near term.

* Highest OI build-up is seen at 22000 strike Calls and 21500 strike Puts, to the tune of 17.04mn and 14.17mn respectively.

Open Interest in Nifty Options:

Outlook on Nifty:

Index is likely to open on a positive note today and is likely to remain positive during the day.

Please refer disclaimer at https://www.nirmalbang.com/disclaimer.aspx
SEBI Registration number is INH000001766