Cumulative net short positions held by FPIs in index futures such as the Nifty and the Bank Nifty rose to 260,540 contracts on Friday, up from 124,368 on 27 February, a day before hostilities began, according to exchange data. That means FPIs have added 136,172 more short contracts, costing about ₹25,175 crore, in two weeks, according to NSE data.
