FII Data 8th May 2019
FII DII Activity details mentioned below. In the cash market today, FII’s sold 701 crores stock whereas DII’s bought 232 crores worth of stock. In the derivative market, FII’s sold 1128 crore of Index futures and sold 735 crores worth of Index options. In the Stock futures segment, FII’s sold 956 crores worth of stock futures and sold 119 crores stock options. Click on the chart for Participant wise OI figures.
Today was a again a corrective session in the market. Most of the sectors moved lower.
Volatility is still very much evident and will be so for the next couple of weeks at least.
Broader market is again selling off. Breadth is not improving on end of day basis.
Breadth for the day was again poor. Advance decline stood at 0.4.
VIX is now at 27 level. Seeing this after period of 4 years. Not necessarily bad for medium term.
Till a clear structure of lower high and lower low forms, I will treat this corrective action as pullback in trend.
Avoid F&O and focus on picking out good stocks to Trade in. Prefer Equities for Trading or Investing.