Sunil Subramaniam highlights a concerning bearish sentiment from foreign investors, noting that FIIs and short-term hedge funds have built significant short positions in Nifty futures and Bank Nifty futures. This derivatives activity indicates a clear bet against the broader Indian market in the near term.

Sunil Subramaniam’s track record: 14 graded calls · 95% CI 12–55%

Bank NiftyBearishCalled 10 Mar 2026Graded 19 Jul 2026
Verdict:HIT

Bank Nifty declined from ₹55735.75 to ₹51448.65, a decrease of 7.69% in 21 days, consistent with the bearish call.

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