FIIs net sell Rs 173 cr in equities on Jan 17 (prov)
FIIs were net sellers to the tune of Rs 173 crore while DIIs net buyers of Rs 360 crore in the cash market on January 17, as per provisional data. FIIs were net buyers of Rs 492 crore in the F&O market.
January 18, 2011 / 09:05 IST
By Nimesh Shah, Research Analyst at CNBC-TV18
Market cues It was a day of consolidation for markets yesterday. Mood was extremely cautious and lack of conviction buying saw amongst institutional investors. Broader markets were weak; BSE Midcap & Small Cap indices fell 1.4% each. Technology stocks saw short covering; TCS results were in-line with estimates.Pullback was seen in HDFC & Axis Bank. Entire ADAG pack was under pressure. L&T slumped as order booking fell short of target. Glenmark ended 6.5% lower.Institutional actionFIIs were net sellers to the tune of Rs 173 crore while DIIs net buyers of Rs 360 crore in the cash market on January 17, as per provisional data. FIIs were net buyers of Rs 492 crore in the F&O market.FIIs in F&OFIIs were net buyers of Rs 606 crore in Index Futures; which open interest (OI) was up by 19333 contracts. They were net buyers of Rs 340 crore in Stock Futures; which OI up 4652 contracts. FIIs were net sellers of Rs 443 crore in Index Options; which OI was up by 31445 contracts.Market cuesNSE F&O Open Interest was up by Rs 2206 crore at Rs 1.52 lakh crore.Results Today: GAIL, Petronet LNG, Cadila, Bajaj Finserve, DCB, Exide, IBREL, Indiabulls Power, ING Vysya, Mindtree, NIIT Tech, Tata ElxsiTCS beats street estimate: Citi said revenues were in line but margins surprised positively. Morgan Stanley too said numbers were in line; forex gains and lower taxes drive earnings outperformanceF&O cuesTotal Nifty futures' open interest (OI) was up by Rs 75 crore while Options up by Rs 2206 crore. (Options total OI was up by Rs 52000 crore in last 11 days).Stock futures added 1 crore shares in OI. Nifty Futures added 2.7 lakh shares in OI and ended at 3 points premium versus flat.Nifty Open Interest PCR was up at 0.91 from 0.90 (has fallen from 1.41 since start of series).Nifty Put added 20.6 lakh shares in OI while Call added 16.7 shares in OI. Highest OI outstanding was seen on call side at 6200 call, 5600 Put.Nifty 5700 Call added 15.5 lakh shares in Open Interest and its premium was down from 68 to 62. A day before, major action was seen at 5600 call than 5700 call)/Nifty 5400 put added 12.1 lakh shares in Open Interest and its premium was down from 27.3 to 16.8.Nifty 5500 Put added 10.2 lakh shares in Open Interest and its premium was down from 45 to 33.Nifty February 5600 Put added 4.5 lakh shares in Open Interest and its premium was down from 151 to 138Nifty 5600 Call added 4.2 lakh shares in Open Interest. Nifty February 5500 Put added 3.14 lakh shares in OI and its premium was down 120 to 104.Nifty 5800 Put shed 7 lakh shares in OI. Nifty 5600 Put shed 4.7 lakh shares in OI. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
