All You Need To Know About FIIs Position Going Into Trade On June 21

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

Overseas investors in Indian equities remained net buyers for the fourth consecutive session on Thursday. Foreign portfolio investors mopped up stocks worth Rs 415.3 crore, according to provisional data from the National Stock Exchange.

FPIs have sold over Rs 794 crore worth of equities in June so far and bought stocks worth Rs 13,069 crore in the last four sessions.

Domestic institutional investors turned net sellers after three days of buying and sold equities worth Rs 325.8 crore, the NSE data showed.

Foreign institutions have been net sellers of Rs 12,441 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 June 27 weekly 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 added 15,680 contracts on June expiry, while Nifty 50 short positions in futures decreased by 12,726 contracts.

The FIIs bought Rs 1,739.69 crore of index futures, stock options worth Rs 976.12 crore, while they sold Rs 71,333.35 crore in index options, stock futures worth Rs 3,174.74 crore.

The Nifty June futures were up 0.4% to 23,582.5 at a premium of 15.5 points, with its open interest up by 0.35%. The Nifty Bank June futures were up by 0.82% to 51,755.1, at a discount of 28.15 points, while its open interest was down by 7.2% at the end of its weekly expiry.

The open interest distribution for the Nifty 50 June 27 expiry series indicated most activity at 23,000 put strikes, with 24,000 call strikes having maximum open interest.

For the Bank Nifty options June 26 expiry, the maximum call open interest was at 55,000 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 198 crore at the end of June expiry—from Rs 28,853 crore a day earlier to Rs 29,051 crore.

In Nifty Options, foreign investors decreased their positions by Rs 192 crore in notional terms at end of the June 20 expiry. In terms of premium open interest value, it was Rs 5329 crore lower than Rs 5,521 crore a day earlier.

The total long-short ratio for foreign investors falls to 1.19 from 1.30 a day earlier.