The Indian market bounced back on Friday tracking positive global cues. The S&P BSE Sensex rose more than 600 points in morning trade while the Nifty50 reclaimed 21,600-21,650 levels. Sectorally, buying was seen in infra, telecom, public sector and power space. On the weekly options front, the maximum Call OI is placed at 22,000 strikes … Read more
India VIX was down by 3.39% from 11.07 to 10.69 levels on Tuesday. Volatility slightly cooled down but hovered in the previous day’s range and lacked momentum in the market. On the weekly options front, the maximum Call OI is placed at 20000 and then towards 19800 strikes while the maximum Put OI is placed … Read more
Mumbai: Power stocks were among the top gainers on Tuesday, riding the bullish momentum in the past month, as investors bet that the government’s increased thrust on manufacturing would boost the demand for energy. The BSE Power Index, which gained 10% in the last month, rose 1.5% on Tuesday. Analysts believe the favourable government policies … Read more