FII F&O Data analysis for 3 Sep trade in Nifty Future

"Even if the GDP growth number is at 5.5 percent - much above the market expectations, there is no doubt that the country has fallen into a low growth trap due to a continuing fall in fresh investments. The combination of high growth in construction activity and low growth in manufacturing is worrisome from the perspective of macro-economic stability."
1. FII  sold 31704  Contracts of Index Future,worth 741.39 cores  with net OI decreasing by  36914 contracts.
2. As Nifty Future was up by 38  points and OI has decreased by 36914,so profit booking happened on longs carried by FII in August Series.

3. NS closed at 5259 after making the low of ,,

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