Strota/FII Positioning

FII Index-Futures Positioning

As of 2026-07-21 · NSE participant-wise open interest

-82.8% Heavy Short

↗ FIIs distributing index-futures longs for 2 straight sessions.

What this means. The net-long ratio is the share of FII index-futures positioning that is long versus short — something retail can't read off a price chart. Heavy short positioning has historically preceded short-covering rallies — a crowded, often contrarian, bearish read. It's a positioning signal, not a forecast.

The trend — net-long ratio, last 90 sessions

0% +0% -85%

2026-03-09 → 2026-07-21. Above 0% = net long, below = net short. Source: NSE F&O participant-wise OI.

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FII / DII cash flows

DateFII net (₹ Cr)DII net (₹ Cr)
2026-07-21 +1,650 -657
2026-07-20 -1,121 +1,312
2026-07-17 -376 +1,018
2026-07-16 -4,206 +2,986
2026-07-15 -736 +705
2026-07-14 -740 +2,928
2026-07-13 -3,062 +2,172
2026-07-10 +2,604 +2,020
2026-07-09 -533 +2,058
2026-07-08 +1,963 +790

How to read this

Every session, NSE publishes the participant-wise open-interest report — how many index- and stock-futures contracts each category (FII, DII, Pro, retail Client) holds long and short. The FII net-long ratio here is (FII long index-futures − short) ÷ (long + short) × 100: +100% is fully long, −100% fully short, 0% balanced.

It's followed because FIIs are the largest directional players in NSE index futures, and their positioning is a cleaner read on institutional conviction than price alone. Extremes can be contrarian — very heavy shorts often precede short-covering rallies; crowded longs have historically mean-reverted. It is positioning information, not investment advice.

FAQ

Are FIIs net long or short right now?
As of 2026-07-21, FIIs are Heavy Short on NSE index futures, a net-long ratio of -82.8%.

How often does this update?
Daily, after NSE publishes the participant-OI report (~7 PM IST). The chart covers the last 90 sessions.