Indian equity benchmarks closed little changed once again on Tuesday, as the second quarter earnings season draws to end and as investors gear up for the U.S. elections. The Nifty's November futures saw a decline of over 2 percent in open interest, indicating unwinding of positions.
The Nifty Bank index, which retreated marginally, saw an addition of over 10 percent in open interest.
Foreign institutional investors (FII) sold stock futures worth Rs 535 crore on a net basis.
The India Volatility Index (VIX) gained 1.6 percent to close at 15.73. Majority of writing was seen in the 9,000 call, which added nearly 14.8 lakh shares in open interest. Maximum open interest remained in the 9,000 call and the 8,500 put.
FIIs bought 11,685 index put contracts against buying of 2,341 index call contracts on a net basis.
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