Wednesday, August 28

FII FnO Analysis for August Derivative Expiry

FII
  • FIIs sold 14078 contracts of Index Future (Entered fresh shorts in 24661 contracts and fresh longs in  10583 Longs) worth 370 cores with net Open Interest increasing by 35244 contracts. So as per data analysis, FII's are still entering in fresh shorts  in NF and BNF,Today we saw the recovery but still rise is used by FII's used the rise to short the index.
Nifty yesterday closed below the Chopad level of 5296 ..
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