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Summary

* Indian markets closed on a flattish note where buying was mainly seen in IT, FMCG &Realty Sectors. Nifty Aug Futures closed at 25083.30 (up 49.80 points) at a premium of 32.75 pts to spot.

* FIIs were net sellers in Cash to the tune of 1100.09 Cr and were net sellers in index futures to the tune of 323.31 Cr.

* India VIX decreased by 0.04% to close at 11.79 touching an intraday high of 11.99.

* The above second chart shows previous trading day’s change in Nifty options where Additions in OI were seen in 25500, 25400, 25300, 25200, 25100 strike Calls and at 24800, 24900, 25000, 25100 strike Puts indicating market is likely to remain range bound in the near term.

* Highest OI build-up is seen at 25500 strike Calls and 25000 strike Puts, to the tune of 21.15mn and 29.89mn 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.

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