Shift of SGX Nifty to NSE-IFSC exchange to be a watershed moment in history of India: V Balasubramaniam

Shift of SGX Nifty to NSE-IFSC exchange to be a watershed moment in history of India: V Balasubramaniam

“Singapore exchange alone has an open interest of close to about 10 billion US dollars. And this 10 billion US dollars, which is almost five times of the exposure on the Indian Nifty Futures, is now going to completely switch to the NSE-IFSC exchange or the NSE International Exchange at GIFT City,” says V Balasubramaniam, … Read more

Nifty F&O Strategy: Expect consolidation with support near 17,500; go for short straddle, says ICICI Direct

Nifty F&O Strategy: Expect consolidation with support near 17,500; go for short straddle, says ICICI Direct

Strategy PositionsSell 27th April Nifty 17900 Call at 121-125 & Sell 27th April 17900 Put at 136-140, Target: 100, Stoploss: 360 Time Frame: till expiry.RationaleThe Nifty extended its gains by another 1% in a truncated last week and tested our targets of 17800, driven largely by short covering. Once again, financial stocks were major gainers … Read more

F&O Traders | Bull Call Strategy: Nifty may test recent high once again; F&O traders can go for Bull Call Spread strategy: ICICIdirect

F&O Traders | Bull Call Strategy: Nifty may test recent high once again; F&O traders can go for Bull Call Spread strategy: ICICIdirect

Nifty: Bull Call Spread Buy 1 lot Nifty 15 December 18500 Call at 101 & Sell 1 lots 15 December 18700 Call at 32, Total premium out-flow: 69; Target: 120; Stop Loss: 5. Rationale The Nifty took some breather and closed a tad below 18500 levels losing 1% during the week. Despite gains of more … Read more

Kunal Bothra’s 2 top stock ideas for this week

Kunal Bothra’s 2 top stock ideas for this week

The fact that we have closed or are just marginally above the 17500 mark indicates that it could probably be the next pivot support for the index, says independent market expert Kunal Bothra. Edited excerpts: The markets opened at the day’s low and then it closed at the day’s high with hardly any volatility seen … Read more

Nifty50 likely to remain weak; investors can deploy ‘Bear Put Spread’

Nifty50 likely to remain weak; investors can deploy ‘Bear Put Spread’

Statistically, May has been a month when foreign institutional investors (FIIs) usually sell in the cash market, true to the saying ‘ Sell in May and go away’. However, this time, the developed country ‘bond’ market trigger and the following dollar index breach of the 100-mark made it necessarily a sell for the Indian markets. … Read more

NSE clarifies on Nifty futures trade spike, says its systems fine

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NEW DELHI: NSE on Tuesday said a spike in Nifty futures trades on Monday was due to a manual order placed by a trading member at a significantly higher price than the prevailing price in the market. The National Stock Exchange (NSE) said that its systems functioned normally and asked the concerned trading member to … Read more

SGX Nifty down 46 points; here’s what changed for market while you were sleeping

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Domestic stocks looked set to take a breather start on Wednesday ahead of the outcome of the US Fed policy meeting scheduled for later in the day. Asian markets traded largely mixed after a flat closing for US stocks overnight. At home, stocks of Axis Bank, Maruti, Britannia would be in focus following their Q4 … Read more

F&O: Nifty50 major trend positive; supports shift to 10,550-10,450 zone

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By Chandan Taparia Nifty opened positive near the 10,800 mark on Tuesday, but failed to hold at higher levels and drifted towards the 10,690 mark in first half of the session. However, the index witnessed a decent recovery of 100 points from lower levels as the bulls took the opportunity to buy the decline. The … Read more