Hi
Today's FII data from NSE
FII trading activity on NSE and BSE in the Capital Market segment(In Rs. Crores)
Date--- Buy Value--- Sell Value---
Net Value
3-Jul-2006--- 1330.03--- 1072.48----
257.55
And from SEBI
Reporting Date--- Gross Purchases(Rs Crores)--- Gross Sales(Rs Crores)---
Net Investment (Rs Crores)--- Net Investment US($) million at month exchange rate
03-JUL-2006--- 1793.40--- 1687.10---
106.30---- 23.40
And MFs
Date ---buy---sell----
net
30.06.06----762.74----328.97 ---
433.77
FII Derivatives data(Amt in crs) from NSE for 3.7.2006
------ BUY--- SELL ----- OPEN INTEREST AT THE END OF THE DAY
INDEX FUTURES---- 1352.86---- - 985.04 ------
7181.19
INDEX OPTIONS ---- 251.68-----75.85 -----
1152.55
STOCK FUTURES ---- 267.20 ------ 267.43-----
6913.48
STOCK OPTIONS----8.92 36 ------1.26 ------
25.55
Derivatives data fro FII from SEBI for 30.6.2006
instrument ---BUY ---SELL ---
OPEN INTEREST AT THE END OF THE DAY
INDEX FUTURES----2599.21----2259.98---
6360.23
INDEX OPTIONS-----254.86----177.45----
813.45
STOCK FUTURES ----2180.57 ----2087.36 ----
6492.16
STOCK OPTIONS ---1.87---11.62------
14.76
For 29.6.2006
----BUY---- SELL ----OPEN INTEREST AT THE END OF THE DAY
INDEX FUTURES---3030.23---2769.81---
9295.67
INDEX OPTIONS----47.70----69.41 ----
3179.64
STOCK FUTURES---1941.73----1874.57----
9237.99
STOCK OPTIONS----12.33----12.49-----
101.30
So from both sebi and NSE one can say that they are reluctant buyers. But buying in small quantity in SPOT.
While derivatives data shows marked reduction in open interest. Perhaps czar can comment on the significance of it in relation to spot market operation of FIIs
On global market except Seoul all other indices were in green but marginally so.
Europe was in green except for Spain.
Latin America was also in green.
Dow and Nasdaq have started in style.
Waves of optimism is sweeping so investors, who stayed away from market bloodied by unseen forces of Hedge funds and Inflation , are returning in droves like herds of sheeps following the shepherd.
July will be the period of consolidation.Same goes for August.Caution is the buzz word and one needs to be stock specific.
Bse and NSE has not strayed from their international brethren too far and are likely to follow. It has not only showed consolidation tendencies but also ended higher. Now one thing we have to remember that we are still in the range of 9500-11000. As long as we are below 11000 danger of going to 9500 is not gone. But it is unlikely to test anything below 9500 even on July 14th when BOJ announces its intension to raise interest rates if at all. If it does not increase then market will get propelled into the next range else we may expect some fall, may be 10 to 15% in a day .
That's all, Thank you so much, the investor would say.
So
primary trend is up and by the time we realize it would be the time for FII game show on roller coaster ride at 17000 coming down to 14500 and crying foul.
Pankaj
ps: As the Wizards have returned, it would be profanity to comment on the market from now on. I was here to fulfill the gap, having done my job in the interregnum, I feel it might be a good idea to start reading and learning from the Masters and Wizards.