Retail investors bullish ahead of exit poll, FIIs cautious livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
If the actual results throw in a surprise, not aligning with popular expectations, the market could face an abrupt fall. Prudence demands that a portion of the portfolio be hedged.
The Client category s bullish bets on Nifty and Bank Nifty futures contracts are down to a sixth in just a fortnight, while FPIs have taken an opposing view..In the recent past, whenever Client swung to extreme shorts from longs and FPIs to extreme longs from shorts, the markets have topped out.
We emphasise the importance of not basing investment decisions solely on electoral outcomes. Instead, focusing on investing in high-quality businesses capable of prospering regardless of the political landscape is paramount.