All You Need To Know About FIIs Position Going Into Trade On June 13

Despite the markets closing flat on Wednesday, foreign institutional investors turned net buyers in the cash and futures market, while they were sellers in index and stock options.

Overseas investors in Indian equities turned net buyers on Wednesday, as the benchmark NSE Nifty 50 scaled a new high in intraday trade. Foreign investors bought shares worth Rs 427 crore, according to provisional data from the National Stock Exchange.

Domestic investors stayed net buyers for the third day and mopped up equities worth Rs 234 crore.

Foreign institutions have been net sellers of Rs 29,878 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.

Ahead of June 13 weekly expiry, the value of outstanding positions—also called the open interest in the derivatives segment—has seen an increase for foreign institutional investors in the Nifty Futures.

When it came to Nifty Futures long positions, foreign investors added 21,233 contracts on June 12, while Nifty 50 short positions in futures declined by 24,493 contracts.

The FIIs bought Rs 2,996.7 crore of index futures, while selling Rs 28,563 crore in index options. Foreign investors on Wednesday mopped up stock futures worth Rs 107.8 crore and sold stock options worth Rs 200.9 crore.

Nifty June futures were up by 0.28% to 23,309 at a premium of 45 points, with its open interest up by 0.17%. Nifty Bank June futures were up by 0.01% to 49,768 at a premium of 63 points, while its open interest was up by 0.7% ahead of its weekly expiry.

Open interest distribution for the Nifty 50 June 13 series indicated most activity at 22,500 put strike, and 24,000 call strike having maximum open interest.

For the Bank Nifty options' June 12 expiry, the maximum call open interest was at 51,000 and the maximum put open interest was at 48,000.

The value of total Nifty 50 Futures Open Interest in the market rose by Rs 279 crore at the end of June expiry—from Rs 28,610 crore a day earlier to Rs 28,889 crore.

In Nifty Options, foreign investors increased their positions by Rs 135 crore in notional terms at the end of June 13 expiry. In terms of premium open interest value, it was Rs 5,071 crore higher from Rs 4,936 crore a day earlier.

It's also noteworthy that the total long-short ratio for the foreign investors had risen to 1.14 from 1.06 a day earlier.