Prior to this, the approach of expiry day had attracted short covering in the index futures which ensured that FIIs were left holding close to 60% of their index futures as longs, in stark contrast to just 16% as longs in mid-July.
ITC and Cochin Shipyard among stocks that Quant Mid Cap Fund bought and sold in May
Quant Mid Cap Fund added ITC, Lupin, and Aditya Birla Lifestyle Brands to its portfolio in May, while exiting Cochin Shipyard, BHEL, and Ipca Labs.