Your Guide To FII Positions For Jan. 1 Trade

Happy new year!

Foreign institutional investors continued their selling streak in the cash market for the eleventh consecutive session on Tuesday. They turned net sellers in index futures and stock futures while they were net buyers in the stock options and index options.

FIIs In Cash Market

Overseas investors have been net sellers through 2024 and have collectively offloaded stocks worth Rs 1,933.94 crore so far this year, according to data from NSDL compiled by NDTV Profit. On the other hand, domestic institutional investors stayed net buyers through the year and bought stocks worth Rs 5.32 lakh crore, according to provisional data from the National Stock Exchange compiled by NDTV Profit.

The foreign portfolio investors offloaded stocks worth approximately Rs 4,645.20 crore on Tuesday, according to provisional data from the National Stock Exchange. The DIIs bought stocks worth Rs 4,546.70 crore. While the FPIs have been net sellers for eleven sessions, DIIs have been buyers for ten sessions.

The FPIs have offloaded Rs 1,598.78 crore on Monday, according to NSDL data.

In December, so far, FPIs have bought stakes worth Rs 12,643.27 crore, according to NSDL, while DIIs have bought stakes worth Rs 34,194.70 crore as per NSE. In November the foreign investors sold shares worth Rs 14,465.04 crore, NSDL data showed.

However, according to data from the National Securities Depository Ltd., which is updated till the previous trading day, foreign institutions have been net buyers of Rs 427 crore worth of Indian equities so far in 2024.

The NSE Nifty 50 and BSE Sensex rose for nine years in a row, recording the best yearly winning streak since their inception despite sharp losses in the last three to four months of 2024. The Nifty 50 rose 8.80%, and the Sensex rose 8.17% in the calendar year 2024.

However, according to data from the National Securities Depository Ltd., which is updated till the previous trading day, foreign institutions have been net buyers of Rs 2,026 crore worth of Indian equities so far in 2024.

The benchmark equity indices eroded early gains in the last leg of the trade to end lower on Monday. Broad-based weakness across Asia and Europe also put pressure on the indices.

FIIs In Futures And Options

Ahead of the Jan. 25 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 14%:86%.

The FIIs sold index futures worth Rs 1,576 crore and stock futures worth Rs 3,040 crore while they bought index options worth Rs 50,818 crore and stock options worth Rs 1,131 crore.

FII Contract Value

The value of the total Nifty 50 futures open interest in the market increased by Rs 2,161 crore at the end of January expiry from Rs 29,469 crore a day earlier to Rs 31,640 crore.

F&O Cues

The Nifty January futures were up by 0.01% to 23,819 at a premium of 175 points, with the open interest up by 7.42%.

The open interest distribution for the Nifty 50 Jan. 2 expiry series indicated most activity at 24,500 call strikes, with the 21,600 put strikes having maximum open interest.

Long-Short Ratio

The total long-short ratio for foreign investors remained at 1.47 from 1.37 in the previous session.