Foreign portfolio investors stayed net sellers of Indian equities on Tuesday, for the second straight session. The overseas investors were also net sellers of index futures and stock options, whereas they were buyers of index options and stock futures.
FIIs In Cash Market
The FPIs net sold equities worth Rs 5,901.63 crore on Tuesday, according to provisional data from the National Stock Exchange.
Meanwhile, the domestic institutional investors remained net buyers for the third consecutive session, as they mopped up equities worth Rs 4,322.58 crore.
FIIs In Futures And Options
Ahead of the April 24 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 30:70.
The FIIs were sellers of index futures worth Rs 2,926.61 crore and stock options worth Rs 3,164.91 crore. They sold index options worth Rs 10,005.94 crore and stock futures worth Rs 1,128.64 crore.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market increased by Rs 182.04 crore at the end of the April expiry from Rs 29,689 crore a day earlier to Rs 29,871.04 crore.
F&O Cues
The Nifty April futures were down 1.39% to 23,321.40 at a premium of 155.7 points, with the open interest up 1.98%.
The open interest distribution for the Nifty 50 April 3 expiry series indicated most activity at 25,400 call strikes, and the 22,500 put strikes had the maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors fell to 1.39 from 1.44.
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