- FIIs net long at 16.8%
- PCR at 0.50
- VIX at 12.15 (▲0.66%)
- FIIs sold Rs. 6,769.34 cr in cash, Rs. 1,611.57 cr in index futures, and Rs. 941 cr in stock futures
- DIIs bought Rs. 7,068 cr
Open Interest Data
- FIIs: Exited 456 lots on the long side and created 7,769 lots on the short side (Net -8,225 lots)
- DIIs: Bought 229 lots on the long side and covered 1,842 shorts (Net +2,071 lots)
- Retail Clients: Bought 7,317 lots and created 4,466 shorts (Net +2,851 lots)
- Pro: Bought 969 lots and added 6,323 shorts (Net -3,303 lots)
Note:
FIIs’ net long positions stand at 16.8%, down from 25.8% last week. FIIs have created around 30,000 short lots (≈22.5 lakh shares) recently, reflecting a clear reduction in bullish exposure.
Interpretation:
FIIs’ selling is attributed to the rapid progress in the U.S.–China trade deal, which could heighten competition for India once finalized. Meanwhile, the India–U.S. trade deal remains pending, though indications suggest an announcement within 15–20 days, following recent U.S. concessions on the Chabahar port and reduced Russian oil purchases after sanctions on two major Russian oil firms.
With crude prices cooling off, FIIs are likely realigning portfolios. More short positions may emerge in the near term; however, in the next 3–4 sessions, FIIs’ net long exposure could dip to around 8–9%, prompting short-covering activity.
Nifty Technical View:
- Possible downside targets: 25,700 – 25,542
- Key Fibonacci retracement support: 38.2% at 25,546 and 50% at 25,373
- Strong support zone: 25,546 – 25,373
If further FII selling continues, Nifty may test these support levels before stabilizing.
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