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Options Trade | A non-directional options strategy in HDFC Asset Management Company

Moneycontrol Contributor   •

A sideways to a bullish trend in HDFC Asset Management Company can be capitalised by taking a Broken Wing Iron Condor trade.

Eight of the top-10 most valued companies together added Rs 1,90,032.06 crore in market valuation last week, with Tata Consultancy Services and Reliance Industries Limited being the prominent gainers. Last week, the BSE benchmark Sensex gained 795.40 points or 1.43 per cent. Equity gauges -- BSE Sensex and NSE Nifty -- hit new closing highs on Friday. On the top ten chart, among the gainers were Reliance Industries (RIL), Tata Consultancy Services (TCS), HDFC Bank, Hindustan Unilever Ltd (HUL), ICICI Bank, Bajaj Finance, State Bank of India (SBI) and Wipro. On the other hand, Infosys and HDFC were the two laggards. (Image: Moneycontrol)

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