The Nifty futures closed positive with gains of 0.02% at 21079 levels on Monday. India VIX was up by 2.31% from 12.47 to 12.75 levels. Volatility was slightly high but created momentum for new price territory in the market.
August series witnessed a breather after the rally of the last four series. The August series saw a 20.4 percent decline in open interest along with a 2.1 percent drop in prices on an expiry-to-expiry basis.