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Insights from FII positions

FII’s positions in index futures have always come to the fore when either the longs or shorts go to extremes. But of late, they are rarely followed by serious market action partly due to lower positions held in the segment in toto or partly because of rise in retail positions. 

Or it may just be because FIIs do not just go into a fight or flight mode any more, perhaps because options give better hedge positions, even as they offload their positions that end up against the market direction. Nevertheless, we now have FIIs’ positions in Index futures at their highest in 30 days, despite Friday’s sell off. 

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