FIIs raise bullish bets, signal more highs for indices
The last time FIIs were long to such an extent was on May 7, 2019, when they held 94,103 contracts. Whats adding to analysts optimism, is the plunge in fear gauge India Vix to a 15-month closing low of 17.40. The Vix hit a level of 16.9 on February 25 last year.
via Economictimes
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