FIIs continue to sell in cash market - Angel Broking

FII's continue to sell in cash market segment from last four trading sessions, yesterday they were net seller worth of Rs. 792/- cr. On derivatives front they were marginal buyer in index future with significant amount of rise in open interest which indicates formation of both long and short. While in index option short buildup was seen in yesterday's trading session.

In options front significant amount of buildup was seen in 5300 call strike, while 5200 & 5600 strikes also added decent open interest buildup. In put options 5200 strike added good amount of buildup and some buildup was also seen in 4900 & 5000 strikes. We have also observed decent unwinding in 5300 - 5600 put strikes in yesterday's trading session.

Source : Equity Bulls

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