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FII & DII cash flow on Thursday

After a huge rally in Wednesday’s trade, the markets took a backseat on Thursday. Nifty closed down by 9 points at 9342 levels; and Sensex closed lower by 103 points at 30029 levels.

On Thursday, the foreign institutional investors were the net sellers in the Indian equities market. The heavyweights in the market ITC, HDFC, Axis Bank and ICICI Bank were dragging the major indices. The BSE Realty index was the top gaining index on Thursday, with DLF and HDIL majorly contributing to the index gains. DLF closed at Rs 190 per share or 1.3%, whereas HDIL closed at Rs 92 or 2.6% on the BSE.

The following is combined FII/FPI and DII trading data across NSE, BSE and MSEI, collated on the basis of trades executed by FIIs/FPIs and DIIs:

Category     Date     Buy Value     Sell Value     Net Value
FII/FPI     27-Apr-2017     6340.04     6521.75     -181.71
DII     27-Apr-2017     3862.67     3629.36     233.31

The open interest in the index options and index futures increased on Thursday. Index futures saw buying and Index futures saw selling on Thursday which shows uncertain movement for the Friday’s trading session. Nifty50 needs to hold above levels of 9,370 to extend its uptrend towards levels of 9,420. On the downside, the level of 9,250 is likely to act as a strong support level.