FII Statistics – Details on Derivatives FII Statistics for 23 Oct

1. FII bought 8090  Contracts of Index Future,worth 236.01 cores with net OI increasing by 78396 contracts.
2. As Nifty Future was up by 36 points and  Open Interest in Index Futures increased by 78396,so  FII covered shorts and initiated fresh longs  in Nifty Future and Bank Nifty.An important point to note today's traded contract in Index future is highest in the month of October so is this the hint that we will break the 90 points range of 5635-5725 on Upside?

3. NS closed at 5719 after making a high..

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