Overseas investors have significantly increased bearish bets on Nifty futures, reaching record levels due to US tariff offensives, a weak rupee, and expensive valuations. Their long-short ratio is near all-time lows, reflecting sustained selling pressure. While a technical pullback is anticipated, foreign investors are closely watching Q2 earnings for potential unwinding of these short positions.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader