Foreign institutional investors have been on a selling spree in the Indian equity market, offloading stocks for the 21st consecutive session on Friday, 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 21st straight session on Friday as they sold stocks worth approximately Rs 1,189 crore.
Domestic institutional investors were net buyers for the 32nd consecutive session as they mopped up equities worth Rs 2,232.2 crore, according to provisional data from the National Stock Exchange.
So far in January, the FPIs have sold equities worth Rs 78,027 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 increased 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 209.2 crore and options at Rs 38,042.3 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 1,480 crore at the end of February expiry from Rs 40,504.4 crore a day earlier to Rs 41,984.4 crore.
F&O Cues
The Nifty February futures were up 0.94% to 23,639 at a premium of 130.6 points, with the open interest up by 2.77%.
The open interest distribution for the Nifty 50 Feb. 6 expiry series indicated most activity at 21,200 call strikes, with the 21,200 put strikes having maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors fell to 1.22 from 1.31 in the previous session.
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