Nifty surges ahead of RBI Policy

Though FII participation was low today, Nifty surged ahead and scored a century. Rate sensitives like auto and banking stocks rallied. IT stocks were down on account of a strong rupee. Nifty’s range for the day is 110.2 points and it closed up by 1.47 % compared to Friday’s closing value.

 Traded Value (Rs. In Crores)    20433.1
Traded Quantity (in Lakhs)    10121.76
Number of Trades    8406450
Total Market Capitalisation (Rs. Crores)    11081877

ADVANCES    1447
DECLINES    203
UNCHANGED    58

In the cash segment Foreign institutional investors (FIIs) were net buyers to the tune of Rs 34 crores and Domestic institutional investors (DIIs) net buyers to the tune of  Rs 198 crores.

In FNO segment, FIIs sold 2,408  contracts of Index Futures and sold 6,657 contracts of Index calls.
They also bought 2,467  contracts of Index puts.
DIIs  are net short by 6,541 (up 1,105) in Index Futures contracts.

FII positions in Index puts, futures and calls

Nifty Put Call Ratio (PCR) data shows support at 8700 and resistance at 8800