FIIs bought Rs.423 cr in Nifty futures and purchased Rs.58.17 cr in Bank Nifty.
- FIIs net long position is @ 10.66%
- VIX is @ 10.25 (+1.38%)
- PCR is @ 1.23
- FIIs sold Rs.1,468 cr in the cash segment and bought Rs.474.60 cr in index futures.
DIIs bought Rs.1,792.20 cr in the cash segment. - Open interest position
A. FIIs added 960 lots and created shorts in 1,531 lots.
B. DIIs added 52 lots and created shorts in 100 lots.
C. Retail clients added 374 lots and covered shorts in 1,227 lots.
D. Pros covered 6,543 lots on the long side and covered shorts in 2,499 lots.
Note: FIIs’ net long position is @ 10.66%. Small longs were added (1,386 lots) against 2,499 shorts. VIX and PCR are in the oversold zone; any dip of 100–120 points will be a buying opportunity. 25953 is the immediate support zone, while 26072 is the immediate resistance.
FIIs’ net long position remains at 10.66%; the existing large short positions by FIIs are expected to support Nifty from lower levels, and dips may trigger short covering.
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