Data Watch NSE: 25,732 – 14/01/26

FIIs sold Nifty futures worth Rs. 662.3 cr and bought Rs. 81.2 cr in Bank Nifty.

1. FIIs’ net long position stands at 7.7 percent, unchanged.
2. VIX is at 11.19, down 1.58 percent.
3. PCR is at 0.66.
4. FIIs sold Rs. 1,499.80 cr in the cash segment, Rs. 705.20 cr in index futures, and Rs. 2,279.90 cr overall. DIIs bought Rs. 1,181.80 cr in the cash segment.
5. Open interest positions:
   A. FIIs covered 273 lots and created 3,973 lots of shorts.
   B. DIIs covered 330 lots on the long side and covered 791 lots of shorts.
   C. Clients bought 4,089 lots and covered 343 lots of shorts.
   D. Proprietary traders covered 336 lots on the long side and created 311 lots of shorts.

Note: FIIs’ net long position remains unchanged at 7.7 percent. PCR at 0.66 is in the oversold zone, while VIX at 11.19, after rising sharply from 8.72 to 11.94 (around 30 percent) over the last two weeks, has now started to cool gradually.

FIIs have again created fresh shorts in index futures (3,973 lots), while clients added 4,089 long lots, indicating a tug of war between retail clients and FIIs. DIIs remain largely absent from index futures activity.

A further dip of 180–200 points in Nifty could reduce FIIs’ net long position to 6.5–6 percent, while PCR may slide towards 0.50–0.45, indicating a deeply oversold zone.

Any dip towards 25,530–25,500 may act as a buying zone, with a stop loss at 25,470 and a target of 25,680.

Intraday levels:

1. If Nifty breaks below 25,676, it may slip to 25,620–25,563. SL: 25,732.
2. If Nifty breaks out above 25,790, it may move towards 25,845–25,900. SL: 25,732.