Foreign portfolio investors stayed net sellers of Indian equities for the fourth straight day on Monday. They turned sellers of index futures and options. They were also buyers of stock options and futures.
FIIs In Cash Market
FPIs net offloaded stocks worth approximately Rs 6,286.7 crore on Monday, whereas the domestic institutional investors stayed net buyers for the 14th straight session as they mopped up equities worth Rs 5,185.65 crore, according to provisional data from the National Stock Exchange.
The net-selling by overseas investors was higher as compared to Friday, when they had net offloaded equities worth Rs 3,449.15 crore.
FIIs In Futures And Options
Ahead of the Feb. 27 expiry, the value of outstanding positions—also called open interest in the derivatives segment—has increased for the foreign institutional investors in the Nifty futures. The FIIs' long-to-short ratio in index futures remains at 15:85.
The FIIs sold index futures and options worth Rs 1,391.12 crore and Rs 1,854.61 crore, respectively. They bought stock options and futures worth Rs 1,876.07 crore and Rs 573.75 crore, respectively.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market decreased by Rs 8,054.42 crore at the end of February expiry from Rs 34,422.18 crore a day earlier to Rs 26,367.76 crore.
F&O Cues
The Nifty February futures were down 0.96% to 22,612.65 at a premium of 59.3 points, with the open interest down 22.69%.
The open interest distribution for the Nifty 50 Feb. 27 expiry series indicated most activity at 23,000 call strikes, with the 22,500 put strikes having the maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors fell to 1.19 from 1.21 earlier.
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