Your Guide To FII Positions On Aug. 29 Trade
The FIIs bought index futures worth Rs 2,102 crore, stock options worth Rs 1,957 crore, while they sold Rs 3,071 crore in stock futures, index options worth Rs 15,871 crore.
Foreign institutional investors stayed net sellers in cash market, index options and stock futures, while they bought index futures, and stock options on Wednesday.
FIIs In Cash Market
Overseas investors turned net sellers of Indian equities on Wednesday after being buyers for four straight sessions. Foreign portfolio investors offloaded stocks worth Rs 1,347.5 crore, according to provisional data from the National Stock Exchange.
Domestic institutional investors turned net buyers after selling for a day and bought equities worth Rs 439.4 crore, the NSE data showed.
Foreign institutions have been net buyers of Rs 28,907 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 Aug. 29 expiry, the value of outstanding positions—also called open interest in the derivatives segment—has decreased for the FIIs in Nifty Futures.
As for Nifty Futures, foreign investors increased their long positions by 32,522 contracts at the end of the August expiry, while Nifty 50 short positions in futures decreased by 15,358 contracts.
The FIIs bought index futures worth Rs 2,102 crore, stock options worth Rs 1,957 crore, while they sold Rs 3,071 crore in stock futures, index options worth Rs 15,871 crore.
F&O Cues
The Nifty August futures were up 0.14% to 25,048 at a discount of 4 points, with open interest down by 27.3%.
The Nifty Bank September futures were down by 0.25% to 51,406 at a premium of 262 points, while its open interest was up by 64.8%.
The open interest distribution for the Nifty 50 Aug. 29 expiry series indicated most activity at 25,500 call strikes, with 24,800 put strikes having maximum open interest.
For the Bank Nifty options expiry in September. 4, the maximum call open interest was at 52,000 and the maximum put open interest was at 52,000.
FII Contract Value
The value of total Nifty 50 Futures open interest in the market decreased by Rs 5,466 crore at the end of August expiry—from Rs 20,088 crore a day earlier—to Rs 14,622 crore.
The value of total Nifty Bank Futures Open Interest in the market increased by Rs 4,506 crore at the end of July expiry—from Rs 6,989 crore a day earlier—to Rs 11,495 crore.
Long-Short Ratio
The total long-short ratio for foreign investors rose to 1.27 from the previous day's 1.23.
