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.
Tech view: Nifty likely to trade within 24,000–24,500 range, forms doji candle. How to trade tomorrow
The Nifty opened a gap and remained above the 24,100 level throughout the entire trading session. However, marginal profit booking was witnessed during the second
November 25, 2024