Nifty Outlook

Yesterday, no significant activity was seen among Nifty and Banknifty futures on the price front whereas on open interest front Nifty futures remained almost unchanged while Banknifty futures added around 6% of open interest.

On sectoral front, long buildup was seen among Oil & Gas, IT and Capital Good stocks whereas some short buildup was seen among Finance and Telecom stocks.

On options front, Nifty will start the final expiry week of February series with maximum positions at 18000 PE and 18100 CE.

FII & DII Trading Activity

Yesterday, FIIs bought stocks worth Rs 1571 Cr in the cash segment, bought stocks futures worth Rs 873 Cr and sold index futures worth Rs 351 Cr. DIIs too were net buyers in the cash segment to the tune of Rs 1577 Cr.

Globe Capital Market Limited (“GCML”) is a Stock Broker registered with BSE, NSE, USE and MSEI in all the major segments viz. Capital, F & O and CDS segments. GCML is also a Depository Participant and registered with both the Depositories viz. CDSL and NSDL. Further, GCML is a SEBI registered Portfolio Manager. GCML includes subsidiaries, group and associate companies, promoters, directors, employees and affiliates.

Globe Commodities Limited, Globe Derivatives and Securities Limited & Globe Fincap Limited are subsidiaries of GCML. Rolex Finvest Private Limited, A to Z Consultants Private Limited, A to Z Venture Capital Limited, M. Agarwal Stock Brokers Private Limited, A M Share Brokers Private Limited, Shri Adinath Advertising Company Pvt. Ltd., Orient Landbase Private Limited, Bolt Synthetic Private Limited, Price ponder Private Limited and Lakshya Impex Private Limited  are associates of GCML. Globe Comex International DMCC is step down subsidiary of GCML.

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