Traders: Traders bearish on June, Nifty slips 216 points

Traders: Traders bearish on June, Nifty slips 216 points

Mumbai: Traders carried forward mostly bearish bets in Nifty futures to the June series on Thursday – the expiry of May equity derivative contracts – ahead of the general election results next week. Analysts said foreign fund managers have predominantly rolled over bearish positions to June, while domestic traders remained bullish though the benchmark indices … Read more

Sensex: Sensex@72K: Bulls turn up the heat in December

Sensex: Sensex@72K: Bulls turn up the heat in December

Mumbai: Indian equities surged almost 1% on Wednesday to close at record levels, mirroring the strength in global markets, which have been boosted by optimism over the likelihood of interest rate cuts next year. The Sensex closed above 72,000 for the first time, while the Volatility Index or VIX – a popular fear gauge – … Read more