Foreign institutional investors stayed net buyers in the index futures, index options, stock futures, stock options markets and cash market on Tuesday.
FIIs In Cash Market
Overseas investors turned net buyers on Tuesday after two days of selling. Foreign portfolio investors mopped up stocks worth Rs 1,175.9 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors stayed net sellers and offloaded equities worth Rs 149.5 crore, the NSE data showed.
Foreign institutions have been net sellers of Rs 8,536 crore worth of Indian equities so far in 2024, according to data from the National Securities Depository Ltd., updated till the previous trading day.
FIIs In Futures And Options
Ahead of the June 27 weekly expiry, the value of outstanding positions—also called the open interest in the derivatives segment—has seen a decrease for FIIs in the Nifty Futures.
When it came to Nifty Futures long positions, foreign investors increased 47,146 contracts on June expiry, while Nifty 50 short positions in futures increased by 7,981 contracts.
The FIIs bought Rs 2,698 crore of index futures, Rs 55,792 crore in index options, stock futures worth Rs 1,118 crore and stock options worth Rs 828 crore.
F&O Cues
The Nifty June futures were up 0.81% to 23,731.25 at a premium of 10 points, with open interest down by 12.6%. The Nifty Bank June futures were up by 1.73% to 52,626.85 at a premium of 21 points, while its open interest was down by 14.7% ahead 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 54,000 and the maximum put open interest was at 50,000.
FII Contract Value
The value of total Nifty 50 Futures Open Interest in the market decreased by Rs 2,880 crore at the end of June expiry—from Rs 24,052 crore a day earlier to Rs 21,172 crore.
Long-Short Ratio
The total long-short ratio for foreign investors rose to 1.28 from 1.17 a day earlier.
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