Foreign portfolio investors stayed net sellers of Indian equities on Wednesday, for the third straight session. They were also sellers of index and stock options, while being buyers of index and stock futures.
FIIs In Cash Market
FPIs net offloaded equities worth Rs 1,538.88 crore, according to provisional data from the National Stock Exchange.
Meanwhile, the domestic institutional investors remained net buyers for the fourth consecutive session on Wednesday, as they mopped up equities worth Rs 2,808.83 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 32:68.
The FIIs were sellers of index and stock options worth Rs 29,722.4 crore and Rs 1,211.1 crore, respectively. They bought index and stock futures worth Rs 662.83 crore and Rs 3,800.26 crore, respectively.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market decreased by Rs 326.37 crore at the end of the April expiry from Rs 29,871.04 crore a day earlier to Rs 29,544.67 crore.
F&O Cues
The Nifty April futures rose 0.49% to 23,438.95 at a premium of 106.6 points, with the open interest down 1.59%.
The open interest distribution for the Nifty 50 April 3 expiry series indicated most activity at 23,500 call strikes, and the 23,000 put strikes had the maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors fell to 1.34 from 1.39.
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