Tuesday, June 19

FII Derivative Data Analysis for 20 June trade in Nifty Future

IMF crisis fund swells to 6bn as BRIC nations pledge cash.India Donates 10 Billion USD and China Donated 43 Billion USD, Indian is running a Current and Fiscal Account Deficit  and China is unable to revive its economy but donating money to IMF. This kind of political mockery by China and India should be questioned by people. 10 Billion USD if spent on India infrastructure projects can help to kick start the economic engine.
Another important news event was The terms of Greece's bailout will be renegotiated, according to a senior EU official, as the worsening situation there makes the original agreement "an illusion." Anyone who believes differently "is delusional.So Germany resistance is slowly paving down, and we are returning to ground reality
1. FII  sold 8534 Contracts of NF ,worth 253  cores with net OI increasing by 18386 contracts.
2. As Nifty Future was up by 51  points and OI has increased by 18836contracts  means..

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