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▲ Market mood Cautious — the market (Nifty 50) is below its 1-year trend line, so momentum is weak.
why?killswitch.regime: Nifty 50 22422 < 200DMA 24351 by 7.92% — momentum regime OFF (as of 2026-10-01) · full ledger → Coverage & limits
as of 2026-10-03

🧭 Participant positioning who is long / short — FII · DII · Pro · Client · as of 2026-10-01

Bottom lineRight now foreign investors (FIIs) are betting hard against the market — they hold far more “down” bets than “up”, and everyday investors are taking the other side. This page shows who is positioned which way in the futures market — foreigners, Indian funds, professional desks, and everyday investors.
New here? How to read these charts →
FII = foreign investors · DII = Indian mutual funds/insurers · Pro = professional trading desks · Client = everyday + wealthy retail · “long” = betting up, “short” = betting down.
FII index-futures stance: STRONGLY BEARISH — net -3.10L contracts · long:short 0.09
FII net index-futures position, last 40 days (oldest→newest). Net short = leaning bearish (often just hedging); watch the swing, not the level. FII and retail are on opposite sides — the classic smart-money/retail divergence.
📼 The positioning tape — the FII stance across its FULL 2.5-year history, not the last 40 days
FII index-futures long:short — 0.09 · near-record net-short — more bearish than 99% of the last 3652 days
LONG:SHORT RATIO — green = net long (>1), red = net short (<1)
In plain EnglishThis line is foreigners’ “up” bets divided by “down” bets on the whole market. Above the dotted line = betting the market rises; below = betting it falls. It is sitting near the bottom of its 2.5-year range — an unusually bearish (net-short) stance.
patearn.in
patearn.intoday = 0.09 — 1st percentile of 3652 readings0.0639.94today 1st percentile
FII shorts are mostly hedging and arbitrage (protective/paired trades), not simple bets the market will fall — so read this as stance and how extreme it is, never a market-timing call (D62). The percentile just answers "how unusual is today vs its own history".
🪞 Smart money vs retail — who is on the other side of the FII short
In plain EnglishFor every bet, someone takes the other side. Watch the two lines mirror each other: as foreigners pile on “down” bets (first chart dips), everyday investors pile on “up” bets (second chart rises) by almost the same amount. Retail is the counterparty.
FII net index position (lakh contracts)
patearn.in
CLIENT (retail + HNI) net index position
patearn.in
A near-perfect mirror: as FII shorts deepen, retail longs swell in lockstep — retail is the counterparty. "CLIENT" is retail + HNI + residual, not pure retail. Positioning context, not a signal. observed: published aggregatesunknowable: per-stock participant split
Net positioning by participant (green = net long, red = net short; contracts in lakhs)
ParticipantIndex fut netL/SStock fut netIndex opt bias
FII (foreign)-3.10L0.09+5.35L-10.98L
DII (domestic inst)+0.33L3.24-43.10L-0.35L
Pro (prop desks)+0.27L2.13+5.08L-0.06L
Client (retail+HNI)+2.50L5.40+32.68L+11.39L
FII index-futures history
DateNet (L)L/S
2026-10-01-3.10L0.09
2026-09-30-2.83L0.09
2026-09-29-2.67L0.09
2026-09-28-3.20L0.14
2026-09-25-3.12L0.13
2026-09-24-3.10L0.12
2026-09-23-2.99L0.12
2026-09-22-3.03L0.12
NSE participant-wise OI (FII/DII/Pro/Client), published daily after close. Market-aggregate — the companion to the per-stock F&O·OI tab. Index-option bias = (call-long + put-short) − (call-short + put-long). Descriptor / sentiment context (D62) — not a standalone timing signal.