*FII DATA
as on 20/08/2021
(fig in crores) Cash Market
FII Net (2287.03)
FII Buy 10276.57
FII Sell 12563.60
Advisory: India Vix : 14.02
FIIs were net sellers in the cash segment to the tune of Rs. 2287 crores. In index futures front, they sold worth Rs. 912 crores with fall in open interest indicating long unwinding on Friday.
In F&O space, we saw good amount of unwinding in Nifty Futures. The banking index continued its underperformance and tanked more than three percent during the week and also added decent shorts in futures segment. The PCR-OI which was hinting market has become overbought has plunged to normal levels now. In options front, decent writing was seen in 16500-16800 call options . On the other side, we saw some writing in 16400 put options; followed by unwinding in 16500-16800 strikes. Highest open interest has now shifted lower to 16400 put and 16500 call options. Take into consideration the uncertainty in the global market, its advised to stay light in index and prefer trading in individual counters.
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