Nifty Crashes below 5300 as Rupee hits record low

• FIIs sold 20381 contracts of Index Future (Entered fresh shorts in 25388 contracts and fresh longs in  5007 Longs) worth 542 cores with net Open Interest increasing by 30395 contracts. So as per data analysis, FII's are still entering in fresh shorts  in NF and BNF,I have been cautioning from past 2 days a big downside is on cards looking at the way FII are shorting the Index, and Food Security Bill was the trigger for the big downside we saw.

Nifty unable to sustain above Weekly Trend Deciding level yesterday

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