Foreign institutional investors have been on a selling spree in the Indian equity market, offloading stocks for the 20th consecutive session on Thursday, and were also net sellers of index futures, index options, and stock options. They were net buyers of stock futures.
FIIs In Cash Market
Foreign portfolio investors stayed net sellers of Indian equities for the 20th straight session on Thursday as they sold stocks worth approximately Rs 4,583 crore.
Domestic institutional investors were net buyers for the 31th consecutive session as they mopped up equities worth Rs 2,165.9 crore, according to provisional data from the National Stock Exchange.
So far in January, the FPIs have sold equities worth Rs 76,273 crore, according to the National Securities Depository Ltd.’s data.
FIIs In Futures, Options
Ahead of the Feb. 27 expiry, the value of outstanding positions — also called open interest in the derivatives segment — has decreased for the FIIs in the Nifty futures. The FIIs’ long-to-short ratio in index futures remains at 11%:89%.
The FIIs turned sellers of index futures at Rs 4,148.1 crore and options at Rs 40,944.4 crore. They also sold stock options worth Rs 4,819.4 crore and bought futures worth Rs 361.7 crore.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market increased by Rs 8,103.9 crore at the end of February expiry from Rs 32,400.5 crore a day earlier to Rs 40,504.4 crore.
F&O Cues
The Nifty February futures were up 0.72% to 23,446 at a premium of 196.5 points, with the open interest up by 24.27%.
The open interest distribution for the Nifty 50 Feb. 06 expiry series indicated most activity at 23,550 call strikes, with the 24,550 put strikes having maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors rose to 1.31 from 1.25 in the previous session.
. Read more on Markets by NDTV Profit.The FIIs turned sellers of index futures at Rs 4,148.1 crore and options at Rs 40,944.4 crore. Read MoreMarkets, Business, Notifications, Budget
NDTV Profit