Selling Pressure On Emerging Market Indices, FII & PRO built huge SHORT position

Nifty50: The Road Ahead
December 7, 2017
Nifty Gained 123 Points As FII & PRO Book Profits In Index Options Short Positions
December 8, 2017

Both FII & PRO have built up huge SHORT position by 514756 contracts. They have made such huge positions only three times in last one and a half years. Investor should remain cautious with buy position and must avoid any fresh buy position in market until market gives clear direction FII & PRO starts winding up their Short positions.

All the Emerging Market Indices have given huge corrections recently. In average, all the Indices are down by 2% in last 1 week and around 3% in last 1 month. One of the Benchmark Index of Emerging Indices, Morgan Stanley (NYSE:) Emerging Market Index has come down to 1100 from its recent high of 1160 on 23rd Nov. MSCI Emerging Markets

In the last trading session, the Indian Benchmark Index Nifty was down by 0.73% on closing basis. Nifty opened at 10089, made a high of 10104 and closed at 10044 after making a low of 10033.
The Cash Market Benchmark Index Small Cap was also down by 0.49%. The Index closed at 8451 after making a low of 8442. The next level of Small Cap is 8247 which is its Month 1 low.

Yesterday, RBI in its Monetary Policy has kept the Repo Rate unchanged at 6%. Nifty Future is opening gap- up by 6 points against yesterday close of 10068 as indicated by SGX Nifty which is currently trading at 10078.

Sector Performance from Day’s low on 6th Dec
Major Sector
Minor Sector

Top performing Smallcap stocks from performing sectors on 6th Dec

Top performing smallcap

Top performing smallcap

NIFTY OUTLOOK & OPEN INTEREST IN INDEX OPTION
FII and PRO in combined have sell positions of 514756 contracts in Index Options. In last 10 days, they have sold 332759 contracts.

Nifty Open Interest

Nifty Open Interest

Cash Market Data
In last 10 days, FII and DII in combined have sold stocks worth Rs. 544.98 Crore in cash segment.
Cash market data

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Disclaimer: There is no guarantee of profits or no exceptions from losses. The investment advice provided are solely the personal views of the research team. You are advised to rely on your own judgment while making investment / Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. You should read andunderstand the Risk Disclosure Documents before trading/Investing.