Data Watch – 17/10/25

Data Watch

1. FIIs net long position stands at 13.8%
2. VIX at 10.86 (+3.13%)
3. PCR at 1.52
4. FIIs bought Cash Rs. 997.29 cr, Index Futures Rs. 5066.71 cr, and Stock Futures Rs. 463 cr
5. Open Interest Position

A. FIIs:

• Added 12,641 lots in Index Futures and covered shorts in 13,536 lots (Net 26,177)
• Created long positions in 10,442 lots in Stock Futures and shorts in 477 lots (Net 10,919)

B. DIIs:

• Added 7,190 lots and created shorts in 3,600 lots (Net 3,590)
• Created long positions in 3,731 lots and covered shorts in 22,287 lots (Net 26,018)

C. Retail Clients:

• Covered positions in 10,342 lots and created shorts in 10,952 lots (Net -21,304)
• Booked profit in 5,402 lots and created shorts in 17,108 lots (Net -22,510)

Note:
FIIs covered massive shorts today, with net long positions rising sharply from 8.1% to 13.8% in a single session. They purchased Rs. 5066 cr in index futures. PCR at 1.52 indicates a slightly overbought zone, while VIX rising by 3.13% reflects a marginal increase in volatility.

Some crucial levels were breached in Nifty today. FIIs turned aggressive on the long side and covered shorts, while retail participants booked profits and built fresh shorts. The level 25677 will act as a key resistance and possibly the last major hurdle before Nifty attempts a new all-time high.

Nifty closed at 25585, with immediate support at 25495 and resistance at 25677. Any dips around 25500–25480 can be considered a buying opportunity with SL at 25411 and target 25657.

Additional Market Insight:
According to Reuters, India plans to reduce its crude oil imports from Russia. If implemented, this could pave the way for a stronger U.S.–India trade deal, potentially boosting market sentiment — as already reflected in today’s heavy FII short covering.

If positive news follows, this could mark the beginning of a new bull run, setting the stage for a sustained rally after more than a year of consolidation.
First target: 26,998.

Contributed by
Ashok bhandari : INH000019549
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