FIIs net buy Rs 715.4 cr in Nifty futures

CNBC-TV18's Research Analyst, Anuj Singhal : FIIs net bought of Rs 715.4 crore in Nifty futures. Open Interest (OI) was down by 12,588 contracts. Stock futures shed 2.3 crore shares in Open Interest. Nifty futures ended at discount of 28-points. OI PCR declined at 1.21 versus 1.27. Nifty 4000 Put shed 3.2 lakh shares in OI.

Infosys plunged 7% in cash market. Fresh short build up has seen in futures. Cost of carry, CoC was down. Futures Open Interest went up 14%.

Huge long unwinding seen in Ispat Industries and Jaiprakash Associates. Ispat went down 6.5%. The CoC fell with futures Open Int down 9%. JP Associates slid 8.4%. The CoC was down with futures Open Int down 10%.

GMR Infra slipped 7%. CoC was up with futures Open Int up 8%.

• F&O HIGHLIGHTS
  FIIs net buy Rs 715.4 cr in Nifty futures; OI down by 12588 contracts
  Stock futures shed 2.3 cr shares in Open Interest
  Nifty futures discount at 28-points, OI PCR at 1.21 vs 1.27
  Nifty 4000 Put sheds 3.2 lakh shares in OI
• INFOSYS
  Stock down 7%, CoC down
  Futures Open Int up 14%
  Fresh short build-up seen
• ISPAT
  Stock down 6.5%, CoC down
  Futures Open Int down 9%
  Huge long unwinding seen
• JP ASSOC
  Stock down 8.4%, CoC down
  Futures Open Int down 10%
  Huge long unwinding seen
• GMR INFRA
  Stock down 7%, CoC up
  Futures Open Int up 8%
  NSE del vol at 26 lakh (25%)