Profit booking in Nifty seen ahead of BREXIT
Today morning, SGX Nifty is trading at 8216 at 8:35 am IST. As per SGX, Nifty is expected to open at 8216 i.e. at a gap down of 14 points. FII and PRO combined have sold 4411500 shares in Index options yesterday signaling profit booking.
The Asian markets along with European and American peers are holding strong too suggesting a global strength in the Indices, however markets have seen a profit booking from the higher levels of S&P at 8120. S&P has been trading in a small range of 2120 to 2106 for last 4 days. The markets are eyeing BREXIT and the US FED meet due on 23rd June and 15th June respectively. The outcomes of these events would be very crucial in deciding the further course of the markets.
|Date||FII and Proprietary Combined activity in shares|
|Index Future||Index Options|
|1 Year Average||705075||1 Year Average||2920650|
|Total Buy||4804875||Total Buy||10846950|
On 26th May FII & Pro combined had a total long position in Index Futures of 8489775 shares which is increased to 13294650 shares as on 8th June, i.e. a total buy of 4804875 shares in current expiry.
Similarly, in Index options, FII and Pro combined have decreased their short positions from 11284425 shares to 437475 shares, i.e. a total buy of 10846950 shares in current expiry.
The data indicates a clear buy bias in the markets by FIIs and Proprietary.
Today, FII have increased 53400 shares long and increased 95550 shares short positions in Index Call option, net sell 42150 shares today. In puts, FII have increased 1159200 shares long and increased short positions by 210450 shares, net PUT buy 948750 shares today.
Pro, have decreased 2073075 shares long and decreased short position by 1000425 shares, a net sell of 1072650 shares in Index Call Option Today. In Puts, Pro has decreased long position by 404550 shares and decreased short position by 2752500 shares, a net buy of 2347950 shares in Put today.
|FII DERIVATIVES STATISTICS For 6-June-2016|
|BUY||SELL||OPEN INTEREST AT THE END OF THE DAY||Net contracts||Net Amt in Crores||NSE shows that there is a Net BUY in Nifty Index Options worth Rs.670.15 crores but as per our interpretation it is a Net SELL of Rs.815.21 crores. For details please refer to the table below.|
|No. of contracts||Amt in Crores||No. of contracts||Amt in Crores||No. of contracts||Amt in Crores|
|Change in Open Interest today|
|Contracts||Call long||Call short||Net Call||Approx value (CR)||F2 has been net seller in call which is SELL for the market|
|Contracts||Put Long||Put Short||Net Put||Approx value (CR)||FII has been net buyer in put which is SELL for the market|
|FII Index Future Open Interest Today|
|contracts||Index Long||Index Short||Net Index||Approx Value (CR)|
As on 9th June, for Current Expiry from 27th May, FII have bought Rs.4378.77 crores worth shares along with DII who have sold shares worth Rs.1871.91 crores in the cash segment.
Today, FII have buy equity worth 234.20 cr and DII sold worth 317.74 cr.
|HTMEDIA||3.02||79.65||79 : M1|
|AIAENG||32.53||1029.6||991 : W0|
|SQSBFSI||43.09||1128.9||1125 : M0|
|JAMNAAUTO||6.11||160.45||160.25 : W0|
|RALLIS||7.03||215.1||214.5 : W0|
|VAKRANGEE||6.41||162.9||162 : W3|
|FIEMIND||32.14||825.9||825.05 : W0|
|SHARDACROP||11.58||375.7||375 : W0|
|TNPL||8.77||267.4||268.2 : M0|
|SOBHA||11.06||303.2||301.2 : M0|
|FSL||1.54||47.4 : W0||46.9|
|SUDARSCHEM||5||157.35 : W0||156.3|
|TINPLATE||2.88||86.4 : M0||84.05|
|GICHSGFIN||9.57||288 : W0||282.15|
|NOCIL||2.45||51.9 : M0||51.55|
|KAJARIACER||25.6||1190 : W0||1189|
Research team - Tel: 033-30010001, write to us at firstname.lastname@example.org to give feedback. Website: www.dynamiclevels.com
1. The investment advice or guidance provided by way of recommendations, reports or other ways are solely the personal views of the research team. Users are advised to use the data for the purpose of information and rely on their own judgment while making investment decision
2. Past performance is not an indicator of future returns.