Nifty View 12th FEB

Fiis today sold net 125 cr in cash …while diis sold net 232 cr in cash
Fiis in f&o….bought net 275 cr in index fut…bought net 1344 cr in index options …and …sold net 552 cr in stocks futures

SO today was day when fiis and diis were both net sellers in cash
IN f&o…fiis bought in index fut , while selling in stocks futures but there heavy buying in index options was due to fresh introduction of weekly nifty options and players took positions in it by buying index calls and puts so nothing big in it

Results ..market opened weak on global cues did lows of ..10870 nf but later in day when europe opened higher it brought some fresh buying here and we jumped to do highs of ..10945 nf to final end the day at…10923 nf ..down 33 nf points in day

Now moving onward’s as usual for opening it will be global markets to give opening tick
There after it will be back to local factors with fiis and diis not lending support to market in cash
Indicates upside to market is limited and broad nf range as per fresh triggers are now…10800 nf—to—11,000 nf ….watch