FII F&O Analysis before RBI March 2013 Policy

1. FIIs sold 23908  Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 699 cores with net Open Interest increasing by 16992 contracts. Financial Markets around the world, were rocked by Cyprus bailout, Read more about What is Cyprus Bailout Crisis
2. As CNX Nifty Future was down by 45 points, with Open Interest in Index Futures increasing by 16992 so FII have created fresh  shorts  in today's session at lower levels.So they are entering the RBI policy with negative view and any good news can trigger an upside rally.
3. NS closed at 5835 after  making high ..

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