3 days into the new series the FII’s have not let go of their bullish bias but are not as aggressive in choosing sides for the series.
3730 longs got covered and 4747 shorts in index Futures.
The overall market however showed a covering of 3340 contracts in BankNifty Futures on RBI day
There is no big change in OI in the first few days as the charts show.
Looks like sector rotation will be the theme for April.