Tara and Dev were deep in conversation about trading instruments and asset classes when there was a sudden knock at the door. With an anticipated look, Dev got up to answer it, and in walked Jay with a beaming smile on his face. Dev had been talking up Jay to Tara for a while now, … Read more
Heavy put writing was witnessed intraday Friday alongside a jump in the open interest (OI) of the August 27 Nifty futures contract, indicating a positive bias for the market. Fear gauge VIX also traded below 20, a positive sign. The OI of the Nifty futures has risen from 99.5 lakh shares (75 shares make one … Read more
Kolkata: The strong uptick in the price of Indian silver this month has caught the attention of investors. On Wednesday, the August silver mini contract on Multi Commodity Exchange (MCX) hit an eight-year high of Rs 62,250 per kg. The metal’s price has increased by nearly 24% in July so far. “Investor interest in silver … Read more