Indian market is expected to trade higher on Friday tracking positive global cues. The Nifty future closed negative with losses of 1.13% at 22487 levels on Thursday. India VIX is at 24.18 levels. Since it is the beginning of the new series (June series) options data is scattered at various strike prices. On the weekly … Read more
Investors have identified a new group of stocks, dubbed “Modi stocks,” which are expected to benefit from the favorable policies of Prime Minister Modi’s government. These stocks go beyond the usual market leaders and include 54 companies within the F&O universe, says global brokerage firm CLSA. Half of these companies are PSUs, and the list … Read more
Indian market is expected to trade higher on Tuesday tracking positive global cues. The Nifty future closed negative with marginal losses of 0.08% at 23,001 levels on Monday. India VIX was down by 6.82% from 21.71 to 23.19 levels. On the options front, the maximum Call OI is placed at 23500 and then towards 23000 … Read more
Indian market is expected to trade higher on Monday tracking positive global cues. The Nifty future closed positive with marginal gains of 0.06% at 23015 levels on Friday. India VIX was up by 1.54% from 21.38 to 21.71 levels. On the weekly options front, the maximum Call OI is placed at 23000 and then towards … Read more
“I think while the markets are going up, the mood seems to be less elevated across the globe. So, I still think there is some place to go. Just speaking, of course, as a portfolio manager you have to be long and therefore very optimistic, so a little bit of biased stance. But I do … Read more
“They are shrugging off the risk related to the election event. Probably they have taken a view about what is likely to be the direction for the markets ahead in terms of a positive direction and that is why we are seeing the Nifty reaching a new record level this week,” says Mahantesh Sabarad, Independent … Read more
The Indian market is expected to trade higher on Monday tracking positive global cues. The S&P BSE Sensex rose more than 350 points while the Nifty50 closed above 19500 on the Muhurat Trading day. India VIX was up by 1.16% from 10.98 to 11.10 levels on Friday. Volatility was slightly up but created momentum in … Read more
Investor interest seems to be insatiable in PSU stocks, be it defence, shipping or even banking. Many of the PSU defence and shipping stocks have turned out multi-baggers, be it BEL, BHEL, Coal India, HAL, NHPC, NTPC, PFC, REC, Mazagon Dock, to name a few, says Aamar Deo Singh, Head Advisory at Angel One. At … Read more