Foreign institutional investors bought in the cash market on Wednesday. They remained net buyers in index options and index futures. However, FIIs were net sellers in stock futures and stock options.
FIIs In Cash Market
Overseas investors stayed net buyers of Indian equities for the second consecutive session on Wednesday, while the domestic institutional investors stayed net sellers for a second day.
Foreign portfolio investors mopped up stocks worth Rs 1,797.6 crore, and the domestic institutional investors sold shares worth Rs 900.62 crore, according to provisional data shared by the National Stock Exchange.
In November, FPIs sold stocks worth Rs 45,974.1 crore, whereas the DIIs mopped up stocks worth Rs 44,483.9 crore. In October, the FPIs had sold equities worth Rs 1.14 lakh crore, and the DIIs bought equities worth Rs 1.07 lakh crore.
In 2024, foreign institutions have been net sellers of Rs 2,918 crore worth of Indian equities so far, according to data from the National Securities Depository Ltd., updated till the previous trading day.
FIIs In Futures And Options
Ahead of the Dec. 24 expiry, the value of outstanding positions—also called open interest in the derivatives segment—has decreased for the FIIs in Nifty futures.
The FIIs' long-to-short ratio in index futures remains at 38%:62%.
The FIIs bought index futures worth Rs 1,099 crore and index options worth Rs 4,734 crore, while they remained sellers in stock options worth Rs 1,428 crore and in stock futures worth Rs 4,318 crore.
F&O Cues
The Nifty November futures were up by 0.07% to 24,563 at a premium of 96 points, with the open interest up by 0.01%.
The open interest distribution for the Nifty 50 December 5 expiry series indicated most activity at 25,000 call strikes, with the 23,500 put strikes having maximum open interest.
FII Contract Value
The value of total Nifty 50 futures open interest in the market decreased by Rs 190 crore at the end of November expiry—from Rs 28,561 crore a day earlier—to Rs 28,371 crore.
Long-Short Ratio
The total long-short ratio for foreign investors fall to 1.42 from 1.45 in the earlier session.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
