Foreign portfolio investors stayed net sellers of Indian equities for the fourth straight day on Monday. They remained sellers of index futures, stock futures and options while buyers of index options.
FIIs In Cash Market
Foreign portfolio investors stayed net sellers of Indian equities for the fourth straight day on Monday as they offloaded stocks worth approximately Rs 2,463.72 crore.
Domestic institutional investors stayed net buyers for the fourth straight session as they mopped up equities worth Rs 1,515.52 crore, according to provisional data from the National Stock Exchange.
The FPIs sold stocks worth Rs 610.65 crore on Friday. So far in the year, the FPIs have sold equities worth Rs 85,841 crore. In January, the FPIs sold equities worth Rs 78,027 crore, according to the National Securities Depository Ltd.'s data. While, in February, the FPIs sold Rs 7,814 crore so far.
The Indian equity benchmark indices closed lower, as realty stocks dragged most. The NSE Nifty 50 ended 182.85 points, or 0.78% down at 23,377.10, and the 30-stock BSE Sensex ended 548.39 points, or 0.70% lower at 77,311.80.
FIIs In Futures And Options
Ahead of the Feb. 27 expiry, the value of outstanding positions — also called open interest in the derivatives segment — has increased for foreign institutional investors in the Nifty futures. The FIIs' long-to-short ratio in index futures remains at 15:85%.
The FIIs sold index futures worth Rs 1,814 crore, stock futures worth Rs 1,997 crore and stock options worth Rs 1,813 crore. They bought and index options worth Rs 6,722 crore.
FII Contract Value
The value of the total Nifty 50 futures open interest in the market increased by Rs 536 crore at the end of February expiry from Rs 39,581 crore a day earlier to Rs 40,117 crore.
F&O Cues
The Nifty February futures were down 0.67% to 23,459 at a premium of 78 points, with the open interest up by 2%.
The open interest distribution for the Nifty 50 Feb. 13 expiry series indicated most activity at 25,500 call strikes, with the 22,500 put strikes having maximum open interest.
Long-Short Ratio
The total long-short ratio for foreign investors fell to 1.21 from 1.23 in the previous session.
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