*FII DATA
as on 25/05/2022
(fig in crores) Cash Market
FII Net (1803.06)
FII Buy 6371.24
FII Sell 8174.3
Advisory: India Vix : 25.28
FIIs were net sellers in the cash market segment to the tune of Rs. 1803 crores. Simultaneously, in Index futures, they bought worth Rs.1158 crores with a rise in open interest, indicating addition of fresh longs. Now, lets take a quick glance at the F&O activity this week so far. We observed some short formation in Nifty and BankNifty yesterday. However, FIIs preferred buying in index and stock futures segment. Although, the Nifty retraced back to the vicinity of 16000; we could hardly see any unwinding in this put strike. However, massive writing was observed in ATM and OTM call strikes in last three trading sessions which resulted PCR-OI plunging from 1.07 to 0.73. Honestly speaking, it has become very difficult to find convincing trade on either sides and hence, we advise traders to remain light for a while.