In recent times, Indian holders of derivatives have faced significant financial losses, a concern that has caught the attention of the government and Finance Minister Nirmala Sitharaman. This situation intriguingly intersects with the Wall Street-based hedge fund Jane Street Group, which is currently embroiled in lawsuits involving two of its employees and rival Millennium Management Global Investment. In this episode of The Morning Brief from the Economic Times, hosts Anirban Chowdhury and Nikhil Agarwal delve into three critical questions: Why are small options traders losing money in India? Are larger financial players profiting at their expense? And how is the practice of daily expiry contributing to the challenges faced by small investors? Join us as we unpack these complex issues with Rahul Sharma, Head of Technical & Derivative Research, JM Financial Services Ltd & Chetan Panchamia, Index Options Expert & Trader.
India VIX surged 17%, prompting trading strategies for Maruti, RIL, Tata Consumer Products, Axis Bank, Bajaj Finance, and HUL. Technical analysis indicated positive market movements with RSI and stochastic indicators. Watch for Iran-Israel developments and India VIX levels at 15.
Bulls Back With A Bang, Sensex Tops 72K-Mark For First Time menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
With a massive rally of 701 points, Sensex soared to new highs by crossing the 72,000 points mark for the first time on Wednesday.At close on Wednesday, Sensex was up almost 1 per cent, or 701 points, at 72,038.43, while Nifty hit record high .