The Zhitong Finance APP was informed that a few days before the end of the Indian election, Indian stock derivatives held by global investors rose to a record level, and there were signs that they were increasingly confident in possible election results.According to data from Bloomberg, foreign funds have reached 8.4 trillion rupees ($ 101 billion) in the Indian State Stock Exchange.At the same time, after a long time of withdrawal, foreign investors bought Indian stocks last week.The holding of index futures has also turned to see a bullish after nearly a month.

The value of derivatives held by foreigners in India has a record highVaranasi Wealth Management

Dinesh Nagpal, a derivative of Kolkata, said: "We see the position of foreign investors’ positions, not only in terms of the index derivatives they hold, but also in terms of stocks."

Nagpal said that the NSE NIFTY 50 Index has strong support at 22,000 pointsGuoabong Investment. If the alliance led by Premier Modi does not have an overwhelming victory, the benchmark index may test this level.This means that from the current level of about 3%.

The Indian election will end on June 1, and the market participants will first get clues to possible results when the export polls were announced later that day.

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