Your Guide To FII Positions For March 24 Trade

Foreign portfolio investors remained net buyers for the second day in a row on Friday, purchasing equities worth Rs 7,470.4 crore, the highest-ever buying by the FPIs this year.

They remained buyers of index and stock futures, and sellers of index and stock options.

FIIs In Cash Market

The FPIs remained net buyers for the second straight day on Friday as they bought equities worth Rs 7,470.4 crore, the highest buying from the FPIs so far this year.

Domestic institutional investors remained net sellers of Indian equities for the second consecutive day as they net offloaded equities worth Rs 3,202.3 crore, according to provisional data from the National Stock Exchange.

FIIs In Futures And Options

Prior to the March 27 expiry, the value of outstanding positions—also known as open interest in the derivatives segment—has declined for foreign institutional investors in the Nifty futures. The FII long-to-short ratio in index futures remains at 31:69.

The FIIs purchased index futures for Rs 2,419 crore and equity futures for Rs 1,187.8 crore. They sold index and stock options for Rs 14,188.6 crore and Rs 705.1 crore respectively.

FII Contract Value

The total Nifty 50 futures open interest in the market fell Rs 2,204.9 crore at the end of the March expiry from Rs 35,762.1 crore the day before to Rs 33,557.2 crore.

F&O Cues

With open interest down 6.89%, the Nifty March futures were up 0.78% to 23,379.85 at a premium of 29.45 points.

The Nifty 50 March 27 expiry series had the highest open interest distribution at 24,000 call strikes, while the highest open interest was at 23,000 put strikes.

Long-Short Ratio

For foreign investors, the overall long-short ratio dropped from 1.40 to 1.36.