*FII DATA
as on 02/08/2021
(fig in crores) Cash Market
FII Net (1539.88)
FII Buy 6550.89
FII Sell 8090.77
Advisory: India Vix : 12.81
FIIs were net sellers in the cash segment to the tune of Rs. 1540 crores. In index futures front, they were marginal buyers with good amount of rise in open interest indicating mixed trades yesterday.
With start of August series, we are witnessing decent build-up especially in Nifty. Considering the price action, its seem most of them are on long side. Options data has also turned very encouraging wherein we are witnessed huge writing in 15800-15900 put strikes; resulting highest open interest for puts shifting higher to 15800 now. At the same time, good amount of build-up was seen in ATM and slightly OTM strikes of call options. We also observed Nifty Futures premium surging yesterday, which is again a positive indication. Thus, the above data hints further strength from hereon.
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