as on 15/05/2023
(fig in crores) Cash Market
FII Net 1,685.29
FII Buy 7,676.34
FII Sell 5,991.05
Advisory: India Vix : 13.17
FIIs were net buyers in the cash market segment to the tune of Rs. 1685 crores. Simultaneously, in Index futures, they bought worth Rs. 1290 crores with an increase in open interest, indicating long addition. In the F&O segment, fresh longs were added to key indices at the start of the week. The put writers added a good amount of positions in 18300-18200 strikes and on the other side, build-up remained scattered 18500-18700 call options. Stronger hands continued their buying streaks in equities and added a few longs in the index futures segment. Their Long Short Ratio’ advanced to 50% from 46%. Considering the above data point, we expect a continuation of the ongoing rally towards 18400-18500 and hence, would advocate using intraday declines to add longs.
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