Indian market is likely to consolidate on Tuesday tracking mixed global cues. Foreign institutional investors (FIIs) sold to the tune of Rs 4680.51 cr while domestic institutional investors (DIIs) bought to the tune of 4477.73 cr on Monday. FIIs’ long-short ratio for index futures is at 51.45 as on a net basis, they sold 7222 … Read more
Indian markets are likely to consolidate on Friday tracking mixed global cues. The Nifty future closed positive with marginal gains of 1.54% at 23008 levels on Thursday. India VIX was down by 0.42% from 21.47 to 21.38 levels. On the weekly options front, the maximum Call OI is placed at 23500 and then towards 23000 … Read more
Indian market is expected to trade higher on Thursday tracking positive global cues. The Nifty future closed positive with marginal gains of 0.27% at 22666 levels on Wednesday. India VIX was down by 1.56% from 21.81 to 21.47 levels. On the weekly options front, the maximum Call OI is placed at 23000 and then towards … Read more
In India, corporate insiders are unloading their stock at a breakneck clip, selling $12 billion in the first 10 months of the year. This is, per Investing 101 rules, a tell-tale sign that the market is overvalued. To some degree, that’s the case in India, where shares trade at a 17% premium to those in … Read more