Overseas funds held 31,549 more long index futures contracts than short contracts as of Thursday, turning to a net bullish position a day earlier for the first time since September
Technology stocks are looking good on the short to medium-term charts, said Nandish Shah of HDFC Securities
Currently, retail open interest in index futures is about 153,000 contracts. In stock futures, however, about 1.11 million contracts - near historic peak levels
Asian equities squeezed higher from near two-year lows and Wall Street futures also gained before the release of the keenly awaited datapoint
The SGX India Nifty futures contract fell 1.7 percent in early trade in Singapore