FIIs were net sellers in the Indian market on Tuesday, selling Rs 791 crore in index futures and Rs 77 crore in stock futures. They also sold Rs 523 crore in cash market equities. The Nifty December futures contract closed at a 22 point premium compared to 44 points the previous day, while the January contract closed at a 45 point premium. The PCR for the Nifty decreased from 1.22 to 1.21. Notable changes in index options included increased open interest in 3000 call options of SBI and 1200 call options of ICICI Bank. Stocks with increased price and open interest included Hexaware, Sterling Bio, and BPCL. Stocks with decreased price but increased open interest included Axis

1. DERIVATIVES<br />FII Net Sell in Indexfut 791 Cr and stock fut net Sell 77 Cr as on Tuesday.<br />FIIs did some profit booking in the Index futures and the Stock futures. They were net sellers of `523cr in the cash market segment.<br />The Nifty Dec future closed at a premium of 22 points as against 44 as on today. On the other hand Jan fut. closed at a premium of 45 points.<br />The PCR-OI decreased from 1.22 to 1.21 points.<br /> The Implied volatility of At-the-money options was at the same level of 16.20%.<br />Yesterday, no considerable changes were observed in Index options however, 3000 call of SBIN and 1200 call of ICICIBANK added significant open interest.<br />Stock which are very good move with good open interest (OI) are like: <br />HEXAWARE OI 43.25 % Increase in price 3.07%<br />STERLINGBIO OI 6.07 % Increase in price 0.20%<br />BPCL OI 0.98 % Increase in price 2.11%<br />BATAINDIA OI 7.39 % Increase in price 0.67 %<br />Decrease in price and increase in OI are like. <br />AXISBANK OI 22.11 % With Decrease In Price 5.52 %<br />IRB OI 23.25 % With Decrease In Price 10.55 %<br />ALBK OI 12.94 % With Decrease In Price 6.44 %<br />SINTEX OI 12.54 % With Decrease In Price 3.78 %<br />UNIONBANK OI 9.17 % With Decrease In Price 5.95 %<br />Other stocks with good OI with decrease in price are: UNITECH,UNIPHOS,JETAIRWAYS,CANBK,IOB,TCS,TVSMOTORS,HDFC<br />