Brexit Rocks International Markets
The Indian Markets are slated to open gap down by 70 points at 8125, as SGX Nifty at 8.43 am. This indicates the panic which will also affect our Markets. The FII & Pro combined have sold above 100000 options in the past 3 trading sessions. If the Markets trade below the low of 8150, which is 2 weeks low, the short term trend will turn to sell.
International Markets have collapsed as many as 3 surveys are indicating a higher probability of BREXIT. The Markets in the past few days had believed that the “Remain” campaign of the BREXIT would prevail over the “Leave” campaign. The latest Polls have come with a rude shock and the GBP/USD collapsed downwards by 150 ticks, which is an average one day movement, in 15 mins. This nervousness is bound to continue till 23rd June, when the Referendum takes place. Dax has touched its one month low falling 500 points in the past one week. The Asian Markets are reflecting this mood this morning.
|Date||FII and Proprietary Combined activity in shares|
|Index Future||Index Options|
|1 Year Average||705075||1 Year Average||2920650|
|Total Buy||5438025||Total Buy||7652250|
On 26th May FII & Pro combined had a total long position in Index Futures of 8489775 shares which is increased to 13927800 shares as on 10th June, i.e. a total buy of 5438025 shares in current expiry.
Similarly, in Index options, FII and Pro combined have decreased their short positions from 11284425 shares to 3632175 shares, i.e. a total buy of 7652250 shares in current expiry.
The data indicates a clear buy bias in the markets by FIIs and Proprietary.
|Change in Open Interest today|
|Shares||Call long||Call short||Net Call||Calls sold is SELL in the market|
|Shares||Put Long||Put Short||Net Put||Puts bought is SELL in the market|
|Total Options = NET Call - NET Put||-3194700|
Today, FII have increased 3450 shares long and increased 667200 shares short positions in Index Call option, net sell 663750 shares today. In puts, FII have increased 609675 shares long and increased short positions by 267000 shares, net PUT buy 342675 shares today.
Pro, have increased 659850 shares long and increased short position by 2345775 shares, a net sell of 1685925 shares in Index Call Option Today. In Puts, Pro has increased long position by 1273650 shares and increased short position by 771300 shares, a net buy of 502350 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 SELL in Nifty Index Options worth Rs.254.01 crores but as per our interpretation it is a Net SELL of Rs.824.11 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 10th June, for Current Expiry from 27th May, FII have bought Rs.4579.97 crores worth shares along with DII who have sold shares worth Rs.2037.91 crores in the cash segment.
Today, FII have buy equity worth 201 cr and DII sold worth 166 cr.
|HTMEDIA||3.02||78.95||78.2 : M0|
|WELCORP||5.79||74.8||69.25 : W1|
|BLISSGVS||8.59||87.95||82.3 : M1|
|CANFINHOME||43.73||1174.8||1131.8 : W3|
|MINDACORP||5.05||112.25||106.8 : W1|
|SQSBFSI||43.06||1118.25||1115.1 : M0|
|SOBHA||10.98||303.75||301.05 : M0|
|AARTIIND||16.29||498.85||495.15 : W1|
|TNPL||8.79||264.05||262.55 : W1|
|GODFRYPHLP||53.83||868.4||860 : M0|
|NOCIL||2.45||52.2 : M0||51.2|
|WONDERLA||10.82||399.9 : W1||394.85|
|MEGH||1.92||41.2 : M0||40.1|
|TATASPONGE||21.54||629 : W2||602.9|
|INDIANB||4.59||109.4 : M3||104.95|
|MPHASIS||18.27||583 : W2||535.6|
|FINCABLES||11.39||372.4 : W1||358.15|
|PRESTIGE||7.88||197.9 : M5||189.9|
|NATIONALUM||1.57||43.5 : M0||41.55|
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.