FII Derivative Statistics for 20 Nov Trade in Nifty and Bank Nifty Future

1. FII sold 1167 Contracts of Index Future,worth 55 cores with net OI decreasing by 6697 contracts.
2. As Nifty Future was up by 9 points with Open Interest in Index Futures decreased by 6697, so FII  booked profits in shorts created  in Nifty and Bank Nifty Futures.After Fridays fall we expected a choppy session and nifty traded well in our NF intital Range of 5670-5620.

3. NS closed at 5571 after making a hig....

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