FIIs liquidated 25K long contracts and added 13K short contracts in Index Futures this week. Index CE saw liquidation of 5K long contracts and addition of 14K short contracts. Index PE saw addition of 72K long contracts and 2K short contracts during the week. FIIs have also sold net 3K crores in equity this week and net 5K crores since RBI Policy day. On RBI day FIIs owned 60% of long Open Interest and 18% of short Open Interest in Index Futures – this has changed to 53% longs and 25% shorts in last two weeks. So far this creeping acquistion of shorts has not impacted Nifty much though.
Daily changes in FII Open Interest
Daily changes in Index Future OI of all participants
Total Nifty/Banknifty OI and daily OI changes
Rollovers seem to have gathered pace though OI additions in Nifty MAY contracts are considerably less then APR contracts liquidated