Saturday, 9 April 2016
Nifty Holds 7546 on Weekly Basis,EOD Analysis
FII's sold 15.3 K contract of Index Future worth 897 cores ,6.2 K Long contract were liquidated by FII's and 9 K short contracts were added by FII's. Net Open Interest increased by 2.8 K contract, so rise in Nifty market was used by FII's to exit long and enter shorts in Index futures.Safest place for a ship is the harbour but it was never built to stay there.... As we have been
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