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​Aggressive New Short means the average traded quantity for 5 days along with cumulative Open Interest for the underlying stock has increased whereas the price has decreased.​

India remains a “bright spot” amid a period of unprecedented global uncertainty, where businesses are increasingly turning conservative, according to CEO Selipsky.

FPIs registered with the Securities & Exchange Board of India (Sebi) are often arms of offshore mother institutions. In such cases, the registration is typically in the name of the sub-fund or the branch of a bank. Thus, the parent organisation of an FPI is not readily identifiable.

"As the lender cleans up its books and brings its stage 3 assets under control, I feel we will see demand for this scrip," said Rahul Thalia, director of Sarffin Financial Advisors. "Already valuations have risen in the past two months, though we are seeing demand for this scrip settle at ₹630 apiece at the moment."

SBI Funds has also been advised by the RBI to acquire requisite shareholding in HDFC Bank within a period of six months, ending November 15, 2023.

The base issue comprises up to 1.70 crore shares of the company representing 7% of the total equity, with a green shoe option of 69.88 crore shares representing 2.88% stake.

"We are not granting an indefinite extension of time. If there is some genuine difficulty, you let us know," the bench headed by chief justice DY Chandrachud told solicitor general Tushar Mehta, who appeared for Sebi. "We could have given you time till September 30... but on August 14, tell us which stage are you in. Give us an updated report on the status of the investigation."

VRL, headquartered in London, aims to borrow the money through its Zinc International unit. Following delays in securing funds from Farallon Capital Management, VRL has resumed discussions with banks to explore alternative financing options.

The Sensex ended at 61,560.64, down 371.83 points or 0.6% from the previous close. The Nifty declined 104.75 points or 0.57% to end at 18,181.75. Short covering in the later part of the day helped both the indices recoup some of their losses after falling nearly 1% earlier in the session.

​New Long is a bullish indicator because it signifies that the futures OI and price have increased.​