Your Guide To FII Positions For Nov. 29 Trade
The FIIs sold in stock futures worth Rs 4,385 crore, index futures worth Rs 1,967 crore, and stock options worth Rs 4,249 crore while they remained buyers in index options worth Rs 66,850 crore.
A man is holding an Indian rupee money bag over a group of people figurines. (Source: Envato)
Foreign institutional investors sold in the cash market on Thursday. They remained net buyers in index options. However, FIIs were net sellers in index futures, stock futures, and stock options.
FIIs In Cash Market
Overseas investors turned net sellers of Indian equities after buying for three consecutive sessions. The selling recorded on Thursday was the third largest single-day selling from foreign portfolio investors so far this year.
The FPIs offloaded stocks worth approximately Rs 11,756.25 crore, according to provisional data from the National Stock Exchange.
On the other hand, domestic institutional investors stayed net buyers for the second session in a row. The DIIs bought stocks worth Rs 8,718.3 crore.
The sharpest single-day selling by FPIs was recorded on Oct. 3, when they sold equities worth Rs 15,243.27 crore. This was preceded by the selling of Rs 12,436.22 crore on June 4.
The FPIs have offloaded Rs 643.22 crore so far this week, while the DIIs have bought shares worth Rs 1,201.44 crore.
So far in the month of November, FPIs have sold stocks worth Rs 41,590.57 crore, whereas DIIs have mopped up stocks worth Rs 38,760.52 crore. In October, the FPIs had sold equities worth Rs 1.14 lakh crore and the DIIs bought equities worth Rs 1.07 lakh crore.
Foreign institutions have been net sellers of Rs 6,486 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.
FIIs In Futures And Options
Ahead of the Dec. 24 expiry, the value of outstanding positions—also called open interest in the derivatives segment—has decreased for the FIIs in Nifty futures.
The FIIs' long-to-short ratio in index futures remains at 33%:67%.
The FIIs sold stock futures worth Rs 4,385 crore, index futures worth Rs 1,967 crore, and stock options worth Rs 4,249 crore while they remained buyers in index options worth Rs 66,850 crore.
F&O Cues
The Nifty November futures were down by 1.2% to 24,144 at a premium of 230 points, with the open interest up by 68%.
The open interest distribution for the Nifty 50 December .5 expiry series indicated most activity at 26,000 call strikes, with the 23,500 put strikes having maximum open interest.
FII Contract Value
The value of total Nifty 50 futures open interest in the market increased by Rs 13,321 crore at the end of November expiry—from Rs 15,100 crore a day earlier—to Rs 28,421 crore.
Long-Short Ratio
The total long-short ratio for foreign investors remained flat at 1.38.
