There was not much change in FII’s Index Future exposure during the week, they just added 2K short Index Future contracts. In Index Options segment 11K net long Index CE contracts and 9K net short Index PE contracts were added. Their equity selling continued unabated with a total of ₹ 4667 crore worth net selling this week. This was hedged with addition of 3K long Stocks Future contracts and simultaneous covering of 9K short Stocks Future contracts.
Clients spent the week in reducing their Index Futures exposure with long liquidation of 10K contracts and short covering of 3K contracts. Clients also liquidated 33K long Index CE and covered 15K short Index CE. Index PE saw overall long addition by Clients with acquisition of 27K long and 19K short Index PE during the week. Stocks Futures saw long addition of 10K contracts along with covering of 4K short Stocks Futures contracts.
Nifty AUG series shed 12K contracts while 10K contracts were added to next month’s series. Banknifty AUG Open Interest went down during this week by 10K contracts with 6K contracts addition in next month’s series