Nifty sharply down by 155 points after RBI policy.
FII liquidated long positions in Index futures. FII net sold Rs 1221 crores of INDEX options.
13368 long INDEX futures liquited by them and 8570 contracts added by them. So after RBI announcement of its policy FII turned cautious with bullish view. Let us watch tomrows trading session for clear picture.
In index options FII added considerable number of long in PUT positions, data indicates it should be bank nifty options.
Cautious approach for long positions
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