FIIs have net purchased the highest quantity of index futures contracts - Nifty and Bank Nifty - at a cumulative 70,094 since the Modi-led NDA assumed its second term in May 2019. Since 2018, whenever the cumulative net long was above 55,000-60,000, the market corrected. The all-important question in the minds of analysts is with the net long figure breaking above those levels conclusively on Thursday, will the market break out or is it due for