All You Need To Know About FII Positions Going Into Trade On July 2

Foreign institutional investors stayed net buyers in index futures on Monday, while they remained net sellers in stock futures, index options, stock options and the cash market.

Overseas investors remained net sellers of Indian equities on Monday. Foreign portfolio investors offloaded stocks worth Rs 426 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors remained net buyers and mopped up equities worth Rs 3,917.4 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 4,754 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.

Ahead of the July 4 expiry, the value of outstanding positions—also called the open interest in the derivatives segment—has seen an increase for FIIs in the Nifty Futures.

When it came to Nifty Futures long positions, foreign investors increased 3,122 contracts on July expiry, while Nifty 50 short positions in futures decreased by 68 contracts.

The FIIs bought Rs 263.9 crore of index futures and sold stock futures worth Rs 983.05 crore, index options worth Rs 24,933.3 crore, and Rs 319.71 crore in stock options.

The Nifty July futures are up by 0.34% to 24,212 at a premium of 70 points, with open interest up by 3%.

The Nifty Bank July futures are up by 0.32% to 52,700 at a premium of 125 points, while its open interest is up by 3.3%.

The open interest distribution for the Nifty 50 July 4 expiry series indicated most activity at 25,000 call strikes, with 24,000 put strikes having maximum open interest.

For the Bank Nifty options July 3 expiry, the maximum call open interest was at 53,000 and the maximum put open interest was at 50,000.

The value of total Nifty 50 Futures Open Interest in the market increased by Rs 1,150 crore at the end of July expiry—from Rs 34,167 crore a day earlier to Rs 35,317 crore.

The total long-short ratio for foreign investors fell to 1.28 from 1.36 a day earlier.