Foreign investors drive negative bets on Nifty to 3-year high

Foreign portfolio investors have raised bearish positions on Nifty and Bank Nifty futures to a three-year high of 171,679 contracts. The positions have been built ahead of the US central bank meeting on interest rates later this week. Analysts say such a bearish creation could cause short-term volatility in the run up to the Fed policy decision on Wednesday.
#Fed #News #Business #Economy

1 weeks ago