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Business Summary

FIIs cover shorts, net buy ₹4,711 cr index futures on Tue; a 4-month record

According to the NSE F&O data, FIIs net bought 28,587 contracts of Nifty futures on Tuesday, lowering open interest by 13.3% to 1.87 lakh contracts. Analysts flag short…

By Storywire Newsdesk Published Updated
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FIIs cover shorts, net buy ₹4,711 cr index futures on Tue; a 4-month record
FIIs cover shorts, net buy ₹4,711 cr index futures on Tue; a 4-month record — image via Business Standard feed — Credit: Business Standard

Attributed summary

According to the NSE F&O data, FIIs net bought 28,587 contracts of Nifty futures on Tuesday, lowering open interest by 13.3% to 1.87 lakh contracts. Analysts flag short covering.

Read the original report — Business Standard

Storywire publishes attributed summaries for discoverability. Full reporting remains with the original publisher — we do not republish restricted full text.

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