All You Need To Know About FIIs Position Going Into Trade On June 27
FIIs stayed net buyers in the index futures, stock futures, and stock options markets on Thursday, while they remained net sellers in index options and cash market.
Foreign institutional investors stayed net buyers in the index futures, stock futures, and stock options markets on Thursday, while they remained net sellers in index options and cash market.
FIIs In Cash Market
Overseas investors turned net sellers on Wednesday after a day of buying. Foreign portfolio investors offloaded stocks worth Rs 3,535.4 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors turned net buyers after two sessions of selling and mopped up equities worth Rs 5,103.7 crore, the NSE data showed.
Foreign institutions have been net sellers of Rs 6,071 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 22,614 contracts on June expiry, while Nifty 50 short positions in futures decreased by 39,341 contracts.
The FIIs bought Rs 2,885 crore of index futures, stock futures worth Rs 6,486 crore and stock options worth Rs 816 crore and sold Rs 8,272 crore in index options.
F&O Cues
The Nifty June futures were up 0.55% to 23,867.95 at a discount of 0.85 points, with open interest down by 26%. The Nifty Bank June futures were up by 0.24% to 52,877.10 at a premium of 6.6 points, while its open interest was up by 42% ahead of its monthly 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 July 3 expiry, the maximum call open interest was at 53,000 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 5,387 crore at the end of June expiry—from Rs 21,172 crore a day earlier to Rs 15,785 crore.
Long-Short Ratio
The total long-short ratio for foreign investors rose to 1.31 from 1.28 a day earlier.
