Mumbai, Jan. 30 -- Anticipating a significant movement in stocks in response to key upcoming events - the Union Budget for FY26 on Saturday and the RBI policy meeting outcome on 7 January, market participants raised aggregate positions in Nifty futures contracts to a seven-year high on Thursday, according to provisional exchange data.

Nifty combined futures open interest-open buy or sell positions-hit a provisional 23.94 million shares on Thursday, which also marked the expiry of monthly derivatives contracts.

"These combined positions were the highest since 39.19 million shares on 23 January 2018," said Jay Vora, research analyst at analytics firm IndiaCharts.

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