FII Data 9th May 2019
FII DII Activity details mentioned below. In the cash market today, FII’s sold 655 crores stock whereas DII’s bought 677 crores worth of stock. In the derivative market, FII’s sold 2068 crore of Index futures and bought 2046 crores worth of Index options. In the Stock futures segment, FII’s sold 951 crores worth of stock futures and sold 159 crores stock options. Click on the chart for Participant wise OI figures.
Today was again a volatile session in the market. Corrective moves were again seen in Sectors.
Breadth for the day was better than yesterday, but was still very poor. Advance decline stood at 0.7
We’ve seen a good pullback in the market and while it may extend further, focus should be on buying stocks for next few months
More than local factors, Global factors are taking center stage. We are also entering fag end of Election 2019.
Nervousness around Election 2019 is evident but I feel markets should hold out well post it.
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