Your Guide To FII Positions For Dec. 3 Trade
The FIIs bought stock futures worth Rs 1,887 crore, index options worth Rs 43,579 crore, while they remained sellers in stock options worth Rs 1,855 crore buyers in index futures worth Rs 582 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 Monday. They remained net buyers in index options and stock futures. However, FIIs were net sellers in index futures and stock options.
FIIs In Cash Market
Overseas investors remained net sellers of Indian equities for the third consecutive session on Monday, while the domestic institutional investors remained net buyers for the fourth straight session.
Foreign portfolio investors offloaded stocks worth Rs 238.3 crore, and the DIIs bought shares worth Rs 3,588.7 crore, according to provisional data by the National Stock Exchange.
In November, FPIs sold stocks worth Rs 45,974.1 crore, whereas the DIIs mopped up stocks worth Rs 44,483.9 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.
Traders in the FPI markets may participate in a Santa Claus rally, wherein institutional players put their best foot forward and bolster stock prices to display higher net asset values due to it being the fiscal year end for foreign institutional investors. He noted that year endings tend to be "historically bullish" market periods.
In 2024, foreign institutions have been net sellers of Rs 16,009 crore worth of Indian equities so far, 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 increased for the FIIs in Nifty futures.
The FIIs' long-to-short ratio in index futures remains at 33%:67%.
The FIIs bought stock futures worth Rs 1,887 crore and index options worth Rs 43,579 crore, while they remained sellers in stock options worth Rs 1,855 crore and buyers in index futures worth Rs 582 crore.
F&O Cues
The Nifty November futures were up by 0.51% to 24,429 at a premium of 153 points, with the open interest up by 3.7%.
The open interest distribution for the Nifty 50 December 5 expiry series indicated most activity at 25,000 call strikes, with the 23,000 put strikes having maximum open interest.
FII Contract Value
The value of total Nifty 50 futures open interest in the market increased by Rs 1,177 crore at the end of November expiry—from Rs 27,625 crore a day earlier—to Rs 28,802 crore.
Long-Short Ratio
The total long-short ratio for foreign investors rose to 1.48 from 1.35 in the earlier session.
