The trade, or variations of it, revolves around a bet that Indian stock indices will move within relatively small ranges, according to five participants familiar with the strategy, who asked not to be identified discussing private information.
A slew of companies is slated to set free their pre-listing shareholder lock-ins, amounting to an estimated value of $14.5 billion, in next three months. How can it change the course of markets post elections?
FIIs sold Rs 50,000 crore of shares in 5 weeks; here's why businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Paytm retail and MF investors say 'Paytm Karo'; stock added to MSCI small cap index trinidadtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trinidadtimes.com Daily Mail and Mail on Sunday newspapers.
Global index services provider MSCI has included 13 Indian stocks in its Global Standard Index and removed three. That takes the total count of domestic stocks on the MSCI indices to 146, up from 136.