FII Data 29th November 2018
FII DII Activity details mentioned below. In the cash market today, FII’s bought 823 crores stock whereas DII’s bought 973 crores worth of stock. In the derivative market, FII’s bought 3302 crore of Index futures and bought 2263 crores worth of Index options. In the Stock futures segment, FII’s bought 657 crores worth of stock futures and bought 200 crores stock options. Click on the chart for Participant wise OI figures.
Last two days have been very good for the Market. More so for the Large cap space.
Broader market is still struggling to hold its fort and no meaningful recovery.
Especially holds true given that there’s been some significant improvement in Macro Economic factors.
First, Bank Nifty got above 200 Day moving average and then above 50% retracement mark.
In the last two days, Nifty has caught up as well. Price is now above 200 Day Moving Average and is moving towards 50% mark.
USDINR has moved below the 70 mark after a long time and even Crude has continued its move on the down side.
Breadth of the market was below average. Advance decline stood at 0.9
Turnover was good though. Recorded highest turnover for the series gone by today.
Still no signs that current retracement move has ended in Nifty or Bank Nifty.
RBI Policy due next week and State Elections result due week after that.