All You Need To Know About FII Positions Going Into Trade On July 4

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

Overseas investors turned net buyers on Wednesday after three days of selling. Foreign portfolio investors mopped up stocks worth Rs 5,483.6 crore, according to provisional data from the National Stock Exchange.

Domestic institutional investors turned net sellers after three sessions and offloaded equities worth Rs 924.4 crore, the data showed.

Foreign institutions have been net buyers of Rs 1,753 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 increased for FIIs in the Nifty Futures.

When it came to Nifty Futures long positions, foreign investors increased 27,422 contracts on July expiry, while Nifty 50 short positions in futures decreased by 4,420 contracts.

The FIIs bought Rs 2,487.3 crore of index futures, stock futures worth Rs 4,597.7 crore, while they sold index options worth Rs 3,853.2 crore, and Rs 763.9 crore in stock options.

The Nifty July futures are up 0.68% to 24,350 at a premium of 63.5 points, with open interest down by 0.85%.

Nifty Bank July futures are up by 1.39% to 53,091 at a premium of 2.4 points, while its open interest is up by 13.73%.

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 10 expiry, the maximum call open interest was at 55,000 and the maximum put open interest was at 53,000.

The value of total Nifty 50 Futures Open Interest in the market decreased by Rs 86 crore at the end of July expiry—from Rs 35,346 crore a day earlier to Rs 35,260 crore.

The total long-short ratio for foreign investors rose to 1.33 from 1.22 a day earlier.