All You Need To Know About FII Positions Going Into Trade On July 3

Foreign institutional investors stayed net sellers in index futures, index options, stock futures, stock options and cash market on Tuesday.

Overseas investors stayed net sellers of Indian equities for the third consecutive day on Tuesday. Foreign portfolio investors offloaded stocks worth Rs 2,000.1 crore, according to provisional data from the National Stock Exchange.

In the first two days of this month, FPIs have sold over Rs 2,426.2 crore equities, while they bought stocks worth Rs 2,037 crore in the previous month.

Domestic institutional investors stayed net buyers for the third session and bought equities worth Rs 648.3 crore, the NSE data showed.

Foreign institutions have been net buyers of Rs 4,260 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 314 contracts on July expiry, while Nifty 50 short positions in futures increased by 3,434 contracts.

The FIIs sold Rs 237.1 crore of index futures, stock futures worth Rs 5,071.2 crore, index options worth Rs 27,772.6 crore, and Rs 950.2 crore in stock options.

The Nifty July futures are up 0.02% to 24,203 at a premium of 80 points, with open interest up by 0.09%.

Nifty Bank July futures are down by 0.62% to 52,368 at a premium of 200 points, while its open interest is down by 2.5%.

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 29 crore at the end of July expiry—from Rs 35,317 crore a day earlier to Rs 35,346 crore.

The total long-short ratio for foreign investors fell to 1.22 from 1.28 a day earlier.