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.
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1 weeks ago