VERIFIEDMint Markets·6 Oct 2026neutral

FPIs pare bank Nifty shorts ahead of RBI policy

AI Summary

·Foreign Portfolio Investors (FPIs) reduced their short positions in the Bank Nifty index.
·This reduction in shorting is occurring ahead of the Reserve Bank of India's policy announcement.
·Analysts caution that global headwinds and potential aggressive rate hikes could negatively impact the market.