FII DII Activity details mentioned below. In the cash market today, FII’s bought 1731 crores stock whereas DII’s sold 663 crores worth of stock. In the derivative market, FII’s bought 1040 crore of Index futures and sold 1812 crores worth of Index options. In the Stock futures segment, FII’s bought 669 crores worth of stock futures and bought 293 crores stock options. Click on the chart for Participant wise OI figures.
Participant Wise OI graph not updated due to Expiry
Today was a mixed session in the market. There were some pockets which did well and some did not.
Banking and Financials sectors were under pressure and volatility was a high.
Safe to assume that markets tracked sentiment of U.S. markets at the opening and then retraced as U.S. Futures moved lower.
Such frequent reversals will be more common till decisive Trend can develop.
For now, we are simply in times where odds of movement in both sides is entirely possible.
We wont be in a range. This is what I feel and Trend will develop within the next 30 business days.
Market is still weak and there’s no meaningful Price structure repair yet.
Advance decline for the day was 1.1. Turnover was high today. Close to 36k crores done in cash market alone.