FIIs net buy Rs 3040 cr in Index Options on Fri
FIIs were net sellers to the tune of Rs 321 crore in Index Futures on Friday, which open interest (OI) was up by 29953 contracts. FIIs were net sellers of Rs 412 crore in Stock Futures; which OI was up by 7193 contracts.
January 31, 2011 / 09:13 IST
By Varinder Bansal, Research Analyst at CNBC-TV18
FIIs were net sellers to the tune of Rs 321 crore in Index Futures on Friday, which open interest (OI) was up by 29953 contracts. FIIs were net sellers of Rs 412 crore in Stock Futures; which OI was up by 7193 contracts.FIIs were net buyers of Rs 3040 crore in Index Options; which OI was up by 221982 contracts. Nifty 5400 Put added 26 lakh shares in Open Interest, Nifty 5200 Put added 15.3 lakh shares in Open Interest and Nifty 5100 Put added 14.9 lakh shares in Open Interest. Nifty 5600 Call added 20.9 lakh shares in Open Interest.Fresh shorts & cash based selling were seen in RIL, DLF, M&M and IVRCL Infrastructure. RIL tumbled 3%; its OI was up by 6% and delivery volume declined at 39.5 lakh equity shares versus 41.5 lakh.DLF went down 7%; its OI was up by 11% and delivery volume increased at 39.5 lakh shares versus 22.5 lakh. M&M lost 5%; its OI was up by 10% and delivery volume went up at 30 lakh shares versus 25.2 lakh.IVRCL Infra tanked 8.5%; its OI was up by 15% and delivery volume increased to 28 lakh shares versus 20 lakh.Short covering was seen in ONGC. The stock rose 2.5%; its OI was down by 6%. 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!
