Foreign portfolio investors turned net buyers of Indian equities on Thursday after a day of selling. They were also buyers of index futures and stock futures. FPIs were sellers of index and stock options.
FIIs In Cash Market
Foreign portfolio investors turned net buyers of Indian equities on Thursday after a day as they mopped up stocks worth Rs 3,239.14 crore.
Domestic institutional investors turned net sellers after 29 straight sessions of buying, as they net offloaded equities worth Rs 3,136.02 crore, according to provisional data from the National Stock Exchange. DII last turned net sellers of equities on Feb. 4, where they offloaded equities worth Rs 430.7 crore.
FIIs In Futures And Options
Ahead of the March 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 42:58.
The FIIs were buyers of index futures for Rs 2,933.44 crore and stock futures for Rs 3,253.02 crore. They were sellers of index and stock options worth Rs 66,511 crore and Rs 2,056.7 crore, respectively.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market decreased by Rs 2,014.06 crore at the end of the March expiry from Rs 37,776.14 crore a day earlier to Rs 35,762.08 crore.
F&O Cues
The Nifty March futures were up 0.95% to 23,069.90 at a premium of 9.6 points, with the open interest down 6.26%.
The open interest distribution for the Nifty 50 March 27 expiry series indicated the most activity at 24,000 call strikes, and the 22,000 put strikes had the maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors stood at 1.40.
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