Traders can deploy “long strangle” strategy on Nifty ahead of Budget 2023: Rupak De

Traders can deploy “long strangle” strategy on Nifty ahead of Budget 2023: Rupak De

“I would like to suggest a “long strangle” strategy for the budget, though it will be risky given the high premiums of the options. Besides, after a few days of consolidation, Nifty looks good for a directional move,” says Rupak De, Senior Technical Analyst at . In an interview with ETMarkets, Rupak said: “Nifty could … Read more

Visa scam case: Karti Chidambaram likely to appear before CBI Thursday

Visa scam case: Karti Chidambaram likely to appear before CBI Thursday

Congress MP Karti Chidambaram did not appear before the CBI on Wednesday to join the investigation into an alleged scam pertaining to issuance of visas to 263 Chinese nationals in 2011 when his father P Chidambaram was the home minister, officials said. They said he is likely to join the investigation on Thursday. A special … Read more

Congress MP Karti Chidambaram took bribe of Rs 50 lakhs to “facilitate” illegal visas: CBI

Congress MP Karti Chidambaram took bribe of Rs 50 lakhs to “facilitate” illegal visas: CBI

The Central Bureau of Investigation has alleged Congress MP Karti Chidambaram received an ‘illegal gratification of Rs 50 lakh to illegally facilitate visas for 263 Chinese nationals’ to complete a power project in Punjab, in a first information report. Karti ‘misused his influence’ in the home ministry in 2011 and ‘conspired’ with co-accused to devise … Read more