Indian share market today traded as we expected earlier, and told you the market trend, our bank nifty tips and nifty futures call also did well, you can check the accuracy by visiting old posts.
Market today was- FII's today were buyers of 688 cr net in cash, while DII's were sellers of
695 cr net in cash. FII's in F&O were buyers of 400 cr net in index futures and were
sellers of net 770 cr in stocks futures.
So
today was again a day when FII's continue there buying in cash but
which was countered by equal selling by DII's results remained under
pressure whole day while
in F&O heavy selling was seen from FII's in stocks futures which
resulted in pressure among stocks.
Now
moving onwards though lots will depend upon global triggers but as FII's are supporting heavy in cash any big dip in market will be
short lived. Traders and investors are advised to watch, don't take any positions, as tomorrow is F&O Expiry.
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