Election Trade: How FIIs Are Positioned Going Into Lok Sabha Results

The Indian election magnum opus is now in its final stages and foreign investors have taken a directional view ahead of last phase on June 1. Exit polls will start filtering in soon after the poll booths close and June 4 is marked on the calendar as the big verdict day. At the end of the May 2024 derivatives expiry, the value of outstanding positions, also called the Open Interest in the derivatives segment, has seen a sharp decline ...