Your Guide To FII Positions For Jan. 23 Trade

Foreign portfolio investors stayed net sellers of Indian equities for the 14th straight session on Wednesday. They were also net sellers of index futures and options and stock options while they bought stock futures.

FIIs In Cash Market

Foreign portfolio investors stayed net sellers of Indian equities for the 14th straight session on Wednesday, as they sold stocks worth Rs 4,026.25 crore.

The domestic institutional investors, on the other hand, were net buyers for the 25th consecutive session as they mopped up equities worth Rs 3,640.22 crore, according to provisional data from the National Stock Exchange.

So far in January, the FPIs have sold equities worth Rs 58,076 crore, according to the National Securities Depository Ltd.

FIIs In Futures And Options

Ahead of the Jan. 25 expiry, the value of outstanding positions—also called open interest in the derivatives segment—has increased for the FIIs in the Nifty futures. The FIIs' long-to-short ratio in index futures remains at 17%:83%.

The FIIs sold index futures worth Rs 970.52 crore and index options worth Rs 50,125.5 crore. They also sold stock options worth Rs 1,587.09 crore and bought stock futures worth Rs 1,780.53 crore.

FII Contract Value

The value of the total Nifty 50 futures open interest in the market decreased by Rs 990.89 crore at the end of January expiry from Rs 33,667.36 crore a day earlier to Rs 32,676.47 crore.

F&O Cues

The Nifty January futures were up by 0.41% to 23,198.00 at a premium of 42.65 points, with the open interest down by 3.34%.

The open interest distribution for the Nifty 50 Jan. 23 expiry series indicated most activity at 23,500 call strikes, with the 23,000 put strikes having maximum open interest.

Long-Short Ratio

The total long-short ratio for foreign investors fell to 1.12 from 1.18 in the previous session.