Synopsis
Open interest of short contracts of FPIs has risen to 216,000 on the index futures, data from NSE and Bloomberg show. This is more than double of its average of around 100,000 contracts in the past five years.
ET Intelligence Group: Foreign portfolio investors’ (FPI) net bearish bets on Indian equities have reached the highest level in more than five years in a sign of growing dissonance between the US central bank and market participants about the trajectory of economic growth in America.Open interest of short contracts of FPIs has risen to 216,000 on the index futures, data from NSE and Bloomberg show. This is more than double of its average of
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