FPIs’ bullish positions at highest levels in over a year

Analysts said the liquidation of short positions have accelerated after the Nifty crossed 11,600. “They have unwound their short positions. This indicates stability in the market because the pressure of short positions will not impact it,” said Amit Gupta, head of derivatives at ICICIdirect .

from Markets-Economic Times https://ift.tt/2C45uH8
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