Cumulative net short positions held by FPIs in index futures such as Nifty and Bank Nifty rose to 226,327 contracts on Thursday, up from 124,368 on 27 February, a day before hostilities began, according to exchange data. That means FPIs have added 101,959 more short contracts, costing about ₹19,974.9 crore in two weeks, according to NSE data.
War fears push FPIs to double India hedges to near record high
