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.
US Fed chair Kevin Warsh tells G20 that past global savings glut is turning into investment surge
Federal Reserve Chairman Kevin Warsh highlighted a remarkable surge in global investments that is driving robust economic growth across the globe. The reversal of previous