Asian shares, US stock futures slip as US government nears shutdown

Asian shares, US stock futures slip as US government nears shutdown

S&P 500 and Nasdaq 100 index futures slipped as the US government neared a shutdown after a stopgap funding bill to avoid the closure failed. Contracts for the S&P 500 fell 0.2% after the index had its best September in 15 years, fueled by optimism over artificial intelligence and lower rates. A gauge of the … Read more

Stock futures rise as Trump, EU reach tariff deal

Stock futures rise as Trump, EU reach tariff deal

Stock-index futures climbed after the European Union struck a deal with President Donald Trump that will see the bloc face 15% tariffs on most exports, averting a potentially damaging trade war. S&P 500 contracts rose 0.4% and those for European stocks jumped 1%. The euro was slightly stronger against the dollar after the US-EU deal. … Read more

Which stocks should traders buy as indices hit a nine-month high?

Which stocks should traders buy as indices hit a nine-month high?

As benchmark indices hit a nine-month high in the last week of June, traders are looking to ride the bullish wave. A look at some of the stock futures that have seen higher-than-average rollovers to the July series and poised to move up further. HPCL CMP: Rs 439 Change in Open Interest in July Series: … Read more

Nifty F&O rollovers hint at improving markets sentiment

Nifty F&O rollovers hint at improving markets sentiment

Mumbai: Traders carried forward bullish bets on Nifty to the April derivative series on Thursday when the March contracts expired, encouraged by the recent resilience in the markets. Analysts, however, said position build-up was relatively modest as traders expect limited upsides in the Nifty in the near-term after running up more than 11% from March … Read more

Look, who gamified my Dalal Street! It’s all about intra-day trade & index options now

Look, who gamified my Dalal Street! It’s all about intra-day trade & index options now

Last week, while interviewing potential job seekers, I was pleasantly shocked. Mr A, not a Marwari or Gujarati, engineer from IIT Mumbai, after passing out with a degree in civil engineering, has become a day trader. He is trading Nifty futures and options from his one BHK flat in Jogeshwari. He shares the flat with … Read more