Your Guide To FII Positions For March 6 Trade

Foreign portfolio investors continued to remain net sellers of Indian equities for the 10th straight session on Wednesday. The FPIs turned buyers of index futures and options, and remained buyers and sellers respectively in stock futures and options.

Cash Market

Foreign portfolio investors continued to remain net sellers of Indian equities for the 10th straight session on Wednesday as they net offloaded stocks worth Rs 2,895 crore.

Domestic institutional investors stayed net buyers for the 20th straight session as they bought equities worth Rs 3,370.6 crore, according to provisional data from the National Stock Exchange.

Futures And Options

Ahead of the March 27 expiry, the value of outstanding positions—also called open interest in the derivatives segment—has increased for the foreign institutional investors in the Nifty futures. The FIIs' long-to-short ratio in index futures remains at 17:83.

The FIIs bought index futures and options worth Rs 410.6 crore and Rs 1,294.4 crore respectively. They bought stock futures worth Rs 842.8 crore and sold stock options worth Rs 656.3 crore.

FII Contract Value

The value of the total Nifty 50 futures open interest in the market decreased Rs 377.8 crore at the end of March expiry from Rs 40,384.9 crore a day earlier to Rs 40,007.1 crore.

F&O Cues

The Nifty March futures were up 1.14% to 22,441.35 at a premium of 104.05 points, with the open interest down 2.04%.

The open interest distribution for the Nifty 50 March 6 expiry series indicated most activity at 22,600 call strikes, and the 22,000 put strikes having the maximum open interest.

Long-Short Ratio

The total long-short ratio for foreign investors fell to 1.41 from 1.42 earlier.