FII F&O Data analysis for 4 Sep trade in Nifty Future

PMI data Purchasing Manufacturing Index was released for European countries and India Summing the data Indicates 80% Of The World Is Now In Contraction. Chinese stock market last week made 3 year low, as i always say stock market discounts news well in advance and on Sunday we got the news Chinese PMI contracted first time in 9 months. Never fight the market and flow with the trend is the general thesis which has been proven correct before,today and in future also.
1. FII  sold 6935  Contracts of Index Future,worth 190 cores  with net OI decreasing by  6289 contracts.
2. As Nifty Future was down by 8  points ..

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