Foreign portfolio investors (FPIs) reduced their net bearish bets in index futures to 1.54 lakh contracts on Friday from 2.01 lakh the previous day. This resulted in foreigners’ long-to-short ratio – a measure of the number of their bullish positions versus bearish – in index futures rising from 23% at the start of the month to 31% as of November 22, according Ajit Mishra, senior vice president, Research at Religare Broking.
BEL shares jump 4%, hit 52-week high after Nuvama raises target price post strong Q4 results
BEL shares: Nuvama highlighted that BEL’s Q4 margins improved to 30.6% from 26.7% quarter-on-quarter, exceeding market expectations of 24.7%. The management has reiterated its guidance
May 21, 2025