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
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
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
The Nifty started Wednesday’s trade on a rather timid note. As the underlying index was quietly drifting downwards, the futures started trading at a deeper discount of nearly 10 points. It was the last hour of trade that saw better volumes and a sharp movement. The fall amid global uncertainties has brought the Nifty once … Read more