Your Guide To FII Positions For Feb. 5 Trade

After 23 straight sessions of selling, foreign portfolio investors turned net buyers of Indian equities on Tuesday. They were also net buyers of index futures and options and stock futures, while remaining net sellers of stock options.

FPIs net bought stocks worth approximately Rs 809.2 crore on Tuesday, thereby snapping their net selling spree that lasted for 23 sessions in a row.

Domestic institutional investors, on the other hand, were net sellers after 34 consecutive buying sessions as they offloaded equities worth Rs 430.7 crore, according to provisional data from the National Stock Exchange.

Notably, FPIs turned buyers for the first time since Jan. 2. The total value of the equities sold up until Feb. 3 was worth Rs 81,656 crore.

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 16%:84%.

The FIIs bought index futures and options worth Rs 5,353.5 crore and Rs 9,022.94 crore, respectively. They bought stock futures worth Rs 7,473.73 crore and sold stock options amounting to Rs 1,990.92 crore.

The value of the total Nifty 50 futures open interest in the market decreased by Rs 431.62 crore at the end of February expiry from Rs 40,147.05 crore a day earlier to Rs 39,715.43 crore.

The Nifty February futures were up 1.49% to 23,791 at a premium of 51.75 points, with the open interest down by 2.5%.

The open interest distribution for the Nifty 50 Feb. 6 expiry series indicated most activity at 24,000 call strikes, with the 23,000 put strikes having maximum open interest.

The total long-short ratio for foreign investors rose to 1.18 from 1.14 in the previous session.