Anil Singhvi decoder: FIIs' shock 'n awe November strategy to stay in December? Know what you must do now
In yesterday’s trade Rs 2000 cr buying was done by FIIs. DIIs sell number was Rs 3400 cr. In stock futures, FIIs had purchased around Rs 2500 cr which indicates there is short covering in the market. In cash market, FIIs have done huge buying for the entire November series. There is Rs 117 cr selling in the index due to unwinding of long and short positions in the market, which happens generally at the end of the series.
FIIs are already 77% long on index. So, important to monitor how much more buying they will do further: Zee Business