Nifty Pharma to see buying, Auto looks bearish, says Geojit’s Anand James

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. 

Read Also  Half of the IPOs drop within a month despite strong day-one gains.

Related posts:

SEBI grants Spice Healthcare exemption from the open offer requirement for acquiring SpiceJet shares. PPF Calculator: How much will you get after 15 years with monthly investments of Rs 2000, 3000, 4000, and 5000? SIP Calculator: How to make Rs 1 cr in 10 years with Systematic Investment Plans Bajaj Housing Finance IPO: Check IPO allotment status, GMP after bids hit historic highs US CPI data throws surprise, core inflation rises more than expected The government targets 100% FDI in insurance and is exploring ways to secure political approval.