Sensex update

Sensex derivatives turnover scales record high of Rs 6.06 lakh cr

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Sensex derivatives turnover scales record high of Rs 6.06 lakh cr

The turnover of derivatives in BSE Sensex scaled a high of Rs 6.06 lakh crore on the weekly expiry of Friday to post highest single-day turnover in the exchange. In the options segment, the turnover was Rs 6.06 lakh crore, and Rs 61 crore in futures segment. The turnover jumped 77% from previous week’s expiry … Read more

When will Sensex hit 1-lakh magic figure? Here’s some back-of-the-envelope calculations

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When will Sensex hit 1-lakh magic figure? Here’s some back-of-the-envelope calculations

While traders are busy debating over whether Sensex will rally another 2,700 points anytime this year to zoom past its all-time record high of 62,245.43 touched in the autumn of last year, long-term investors are doing back-of-the-envelope calculations on when will the index hit the magic 1-lakh mark. Earlier this year, Jefferies‘ global head of … Read more