FII FnO Data Analysis for 24 Feb

• FII's bought 5.7 K contract of Index Future worth 121 cores, 6.8 K Long contract were added by FII's and 1.1 K  short contracts  were added  by FII's. Net Open Interest increased  by 7.2 K contract ,so FII's added  long  and added shorts in Index Futures with high volumes,signifying rollovers are happening. As of now 37.9% Rollover is done in Nifty Future.

Nifty was consolidating for better part of day than big downmove started from  2 PM which saw Nifty declining and closing below its 20 SMA. Nifty also made low at 8737...

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