Poll jitters: Foreigners most short since 2012, FPIs pull out $4 billion in this quarter

Foreign investors are pessimistic on Indian stocks due to uncertainty around BJP's election performance. Net short positions in index futures contracts have surged, reflecting bearish sentiment in the derivatives market. Overseas investors have withdrawn $4 billion from local stocks since April. The gap in short positions is the widest since 2012, according to data compiled by Bloomberg.