Indian equity markets are trading on a flat note with both Nifty & Bank Nifty index trading 0.1% & 0.2% higher respectively.
Nifty PSU Bank index is underperforming the benchmark indices by ~1.33% as profit booking is witnessed in major names like PNB, Canara Bank and SBI, which are trading in red.
PC Jeweller is the top open interest gainer, up ~7% with an addition of ~45% in fresh open interest, indicating a build-up of long positions.
Nifty Bank futures continue to added fresh open positions along with a rise in underlying price, indicating a marginal addition of long positions.
India VIX is trading at 18.5, down 0.8%
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