Foreign institutional investors (FIIs) long-short ratio in index futures stands at 0.45, meaning 1 long bet for every 2 short positions. The ratio is at the highest point since July 2025.
According to the NSE F&O data, FIIs net bought 28,587 contracts of Nifty futures on Tuesday, lowering open interest by 13.3% to 1.87 lakh contracts. Analysts flag short covering.
Nifty rollover to the November series was below its three-month average, and the cost of carry also declined, said Dharmesh Bhatt of Systematix Institutional Research.
At the BFSI Insight Summit 2026, Sebi's KVR Murty said retail derivatives trading may need more guardrails amid expiry-day hyperactivity, stressing investor protection and market integrity.
Sebi will restore the volume-weighted average price method for expiry-day derivatives settlement from December 7, following trader concerns over sharp price swings
Based on the options data, on Tuesday the focus will be on the 22,250-22,500 range owing to Nifty's weekly expiry, says Dharmesh Bhatt, Head-Derivatives Research at Systematix Institutional.
The global cost of carrying crude oil which used to be around 1-2 per cent of the total contract value has now faring 20-25 per cent to Asian refiners.
The sharp rise follows higher STT rates effective from April 1, with the levy on futures raised to 0.05% and that on options premium turnover increased to 0.15%
The pace at which FIIs have added short bets in index futures accelerated in the last three trading sessions, says Dharmesh Bhatt, Head-Derivatives Research at Systematix Institutional Research.
Tuesday's expiry will see a broader swath of derivatives positions, including physically settled single-stock options, tied to the auction-generated closing prices
Reliance stock has decisively crossed the 20-day EMA, and is seen hovering around the 200-week EMA, highlights Sudeep Shah, technical & derivative analyst at SBI Securities.
Nandish Shah, senior technical/ derivative analyst at HDFC Securities reckons that MidCap Nifty and Bajaj Finance have seen long build-up, and are favourably placed on the charts.
Nandish Shah of HDFC Securities recommends a 'Bull Spread' strategy on MidCap Nifty and PNB Housing Finance as the analyst notes a positive bias, and build-up of long positions at these counters.
For the second-half of 2026, upside for Gold and Silver seems to be capped around $4,400 and $90, says Anindya Banerjee, Head of Commodity and Currency Research, Kotak Securities:
Mohammed Imran, research Analyst at Mirae Asset Sharekhan has a bearish-to-neutral view on Brent through H2CY2026, with a base-case range of $68-72/bbl.
