Shorts positions got rolled to July series; expect some weakness in these 9 stocks

Fresh open interest build-up from current level will dictate the further move in the index. In the month gone by, FIIs added a good amount of fresh short positions in index futures and as a result, their ‘Long Short Ratio’ has reached to 35 percent from 44.20 percent at the start of the series, says Jay Purohit of Centrum Broking.

from Moneycontrol Market Outlook https://ift.tt/2yTz0wP