Data from NSE shows that retail investors have turned net bearish in index futures for the first time in six months; while DIIs remain the most bullish among market participants.
From down 8%, to up over 3% - the NSE Nifty 50 index seems poised to end higher for the 11th time in the last 13 April months; also a relatively shorter F&O series in terms of trading sessions.
The long build-up is seen in the Bank Nifty futures, where we have seen a 3 per cent (Prov) rise in open interest with it rising by 2.2 per cent
Historical data shows that the Nifty has ended higher in most of the April F&O series in the last 12 years; the average gain for the NSE benchmark has been over 3 per cent.
A breakout above 23,350 could fuel further upside towards the 23,700-23,800 range, said analyst at Kotak Securities
NSE derivatives data shows that FIIs are least bearish since December 13; DIIs most bullish in more than a year, while retail investors have turned cautious.
In the previous session, the Sensex dropped 728.69 points (0.93 per cent) to close at 77,288.50, while the Nifty50 ended 181.8 points (0.77 per cent) lower at 23,486.85
India VIX, the measure of market volatility in the domestic market, jumped as much as 10.95 per cent to 13.9, the biggest intraday jump since January 6 this year
FIIs net bought 35,901 contracts of Nifty futures and 31,258 contracts of Bank Nifty in the last 4 days; DIIs bullish bets in index futures at highest in more than a year, shows NSE F&O data.
As per the data from the NSE F&O segment, foreign institutional investors now hold 3 short positions in index futures for every long trade as against 5 bearish bets held earlier.
According data from the NSE F&O segment, Tube Investments of India and PI Industries witnessed some short-covering in the week ended March 13, 2025.
Consolidation Phase: After rebounding from recent lows, Nifty has been consolidating this week, preparing for the next leg up.
In the previous session, the Sensex ended 72.56 points, or 0.10 per cent lower, at 74,029.76, while Nifty 50 settled 27.40, or 0.12 per cent lower, at 22,470.50
Currently, the market is lacking the momentum to break decisively above 22,800 or below 22,000. Nifty is likely to consolidate sideways within the same in the near term
Stock Market Today, Nifty Today: Immediate resistance for Nifty share price lies at 22,800, followed by 23,000
Derivatives market data shows that open bets in Nifty and Bank Nifty futures declined up to 8% yesterday; with FIIs covering some short bets, however they still hold significant shorts positions.
Key takeaways from F&O data: Substantial PUT accumulation at the Nifty 22,000 strike solidifies this level as a reliable support base, says Dhupesh Dhameja of SAMCO Securities.
Key takeaways from F&O data: FIIs bearish; retail, DIIs hold bullish bets in index futures. Nifty, Bank Nifty options data indicates a bearish stance in the market.
Stock Market Today: The Nifty index is expected to trade within 22,000-23,000 range over the coming week
Nifty Today: 22,500 is a critical technical support level for Nifty share price