Poll jitters: Foreigners most short since 2012, FPIs pull out $4 billion in this quarter

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Foreign buyers are the most pessimistic in over a decade on Indian shares amid hypothesis over BJP profitable fewer seats in the continued nationwide elections than beforehand estimated. Net short positions – measured because the distinction between the variety of index futures contracts on which world funds are lengthy to these on which they maintain a short place – surged to 213,224 contracts, information compiled by Bloomberg confirmed.The hole is the widest since information going again to 2012.
The bearish positions in the derivatives market have come at a time when abroad buyers have pulled out about $4 billion from native shares since early April.


Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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