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FIIs mount bearish bets in F&O
Foreign institutional investors (FIIs) have gone a bit slow when it comes to selling in the cash segment. However, they continue to mount their bearish bets in the futures and options (F&O) segment. According to analysts, FIIs have used any rebound in the market to create fresh short positions in indices such as the Nifty and the Bank Nifty. “It is unlikely that the market will see any meaningful recovery going by FII trading pattern in the derivatives segment. Fears of global recession is likely to keep the markets in bear grip,” said an analyst.
