FII Derivative Statistics for 13 Nov Trade in Nifty and Bank Nifty Future

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1. FII sold 15590 Contracts of Index Future,worth 423 cores with net OI decreasing by 17378 contracts.
2. As Nifty Future was down by 9 points with Open Interest in Index Futures decreasing by 17378, so FII  booked profits in shorts created  in Nifty and Bank Nifty Futures.IIP data was dismal with degrowth of -0.4% and CPI inflation racing towards 9.75%, so a double whammy from economic data perceptive.

3. NS closed at 5684 after making a hig...

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