๐ FIIs sold โน1,400+ Cr in the cash market, showing continued caution on equities.
๐ In F&O, they cut index call shorts, which reflects reduced bearish conviction on near-term index moves.
โ๏ธ The mix of cash selling but lighter F&O shorts suggests FIIs are booking profits in cash but not aggressively betting against indices.
๐ Flows remain sensitive to global cues like US yields, oil, and USDINR, while strong GDP and policy tailwinds are cushioning the downside.
๐ For traders, this setup points to a range-bound market near supports. If F&O shorts continue to unwind, indices could attempt fresh upsides despite cash outflows.
