WHAT THE FIIs HAVE DONE IN INDEX FUTURE INCLUDING NIFTY FUTURE AND IN SPOT ALSO ON 02 MAY 2011

FIIs SOLD IN INDEX FUTURES INCLUDING NIFTY FUTURE RS. -918.38 CR @ 5701.30 AND RS. -261.03 CR IN SPOT.


ON THE BASIS OF LAST THREE MONTHS FROM JAN 2011 TO APRIL 2011 FIIs HAD OVERALL NET LONG POSITION WAS RS. 231.57 CR. BUT TODAY ON 02 MAY 2011 FIIs HAVE SOLD THEIR LONG POSITION AND HAVE CREATED FRESH SHORT POSITION THAT IS RS. 686.81 CR @ 5701.3.


SO MORE DOWNSIDE POSSIBLE...