FII & PRO In Combined Have Sold 197031 Contracts In Index Options Yesterday, Signaling Further Downside In The Market
FII and PRO combined have sold 197031 contracts in Index Options yesterday, signaling further downside in the market. The market yesterday wiped out the two-day gain from the previous sessions due to weak global cues. The Nifty Index lost 184 points or 1.65 percent to close at 10926.
However the US markets closed higher on Tuesday after an announced delay of planned tariffs on some Chinese imports.
The Trump administration will delay imposing a 10% tariff on certain Chinese products, including laptops and cell phones, that had been scheduled to start next month, the Office of the US Trade Representative said on August 13. Other products whose tariffs will be delayed until Dec. 15 include "computers, video game consoles, certain toys, computer monitors, and certain items of footwear and clothing.
Yesterday markets ended in negative. All major and minor sectors ended in the negative zone. Media-TV and Newspaper were the only sectors which have risen in minor sector by 1.92%.
The US 10 Year T-Note is trading at 129.95. The Bond has crucial support at 117.42 made on 5th Nov 2018. The US Dollar Index is trading at 97.627.
Open Interest Analysis:
FII & PRO are the major players in the Derivatives segment and have an upper hand in the market and their position provides direction to the market. In the Aug month expiry, they have started with the position of (-95363) contracts in Index option (both FII & PRO combined) when Nifty spot was trading at 11252.As on last trading day, they have a net position of (-284940). In the current Aug 19 expiry, they have sold 189577 contracts:
In last 10 days, FII and DII in combined have bought stocks in cash segment worth Rs. 3371.23 Crores.
Sector performance as on 13th Aug
Small Cap Gainers as on 13th Aug- Major Sector & Minor Sector
Large Cap Gainers & Losers as on 13th Aug
Mid Cap Gainers & Losers as on 13th Aug
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