NIFTY DERIVATIVE :
The Indian Volatility Index (VIX), a gauge for market’s short term expectation of volatility, dipped about a per cent to 16.92. Nifty October 2018 future last price stood at 11,043 at a premium of 65.45 points over the spot closing of 10,977.5. Nifty November 2018 future last price stood at 11,080 at a premium of 102.45 point over the spot closing of 10,977.55. The Nifty Put-Call Ratio (PCR) Open Interest-wise stood at 1.05 for October month contract. Among Nifty calls, 11,500 strike price from the October month expiry was the most active Call. Among Nifty Puts, 11,000 strike price from the October month expiry was the most active Put. For the October series, the maximum OI outstanding for Puts was at 11,000 strike price, and that for Calls, it was at 11,500 strike price.