FII Data 3rd December 2018
FII DII Activity details mentioned below. In the cash market today, FII’s bought 293 crores stock whereas DII’s sold 806 crores worth of stock. In the derivative market, FII’s bought 401 crore of Index futures and sold 1170 crores worth of Index options. In the Stock futures segment, FII’s bought 350 crores worth of stock futures and bought 116 crores stock options. Click on the chart for Participant wise OI figures.
Today was a day of consolidation in the market. More relevant to Nifty, Bank Nifty and the financial services sector.
Broader market did well with Mid caps and Small caps out performing key benchmark indices.
As a result, advance declines was marginally better when compared to previous sessions.
Advance decline stood at 1.3. Overall end of day breadth is still very poor.
Our markets failed to exhibit the enthusiasm of Global markets given the news flow of Trade war w.r.t U.S. & China.
On Wednesday we have RBI policy followed by State election results on 11th December.
Given RBI’s lack of consistency w.r.t to their previous minutes, one can only guess what may come out tomorrow.
Turnover was close to 34k crores in cash market. Just about average of recent times.
Both Nifty and Bank Nifty are above their 200 day moving average.
Test for both these key indices is to survive the test of both these events above their respective 200 day moving average mark.