Wednesday, March 26, 2008

diagnostic reports for 27 march

*****NIFTY*******26 MARCH
- nifty fut premium increased to 11 points thus COC increased today.
- OI increased by 64 lacs- march by 11 lacs and april by 53 lacs.(NEW LONG POSITION)***FII DATA****25 MARCH
--FII buy 1536 cr index fut (total BUY of 5993 cr in current series).
-OI of FII decreased to 934553 contracts (short covering by fii on March 25.)
********FUND FLOW*******
24 MARCH
-FII net buy 324cr in cash..
-mut fund sell 470 cr.in cash market.

25 MARCH
-FII net buy 1345cr in cash (total sell of 1178 cr in current series).
-mut fund buy 534 cr (total sell of 789 cr in current series).

-------------sumarry----------
open interest of FII in index future was at 996862 after the end of feb. series which is now at 934553 contracts.
FII buy 5993 cr index futures so far in current series UPTO 25 MARCH.
SO IT SEEMS THAT FII HAVE COVERED THERE CARRY FORWARDED SHORTS ALSO AND PROBABLY HAVE TAKEN LONG POSITION ALSO.
Now they are buying in cash market also.