FII Data 3rd June 2019
FII DII Activity details mentioned below. In the cash market today, FII’s bought 3068 crores stock whereas DII’s sold 462 crores worth of stock. In the derivative market, FII’s bought 2295 crore of Index futures and bought 1133 crores worth of Index options. In the Stock futures segment, FII’s bought 1358 crores worth of stock futures and sold 43 crores stock options. Click on the chart for Participant wise OI figures.
Today was a good session in the market. Broader market participation was visible.
On End of day basis, number of stocks improving their price structure is increasing with each passing session.
I would still want more broader market participation to happen as even now breadth for market is poor.
This is mainly applicable in Mid caps and Small caps space where participants are still skeptical.
I would say at this stage questions about bull market are being raised quite often.
The way I look at it, this is good news for Bullish participants. Bull markets always climb the wall of worry.
The only caveat here is Global market space. U.S. markets are now below its 200 DMA and this is a sign of worry.
I’m hoping that this is a routine correction and not anything else.
Our markets have just started recovering and won’t be able to rise if U.S. markets start falling with momentum.