Analysts’ suggest investors to buy put options if the market opens lower on Monday to hedge their long positions while some are advising clients to remain in cash at least for the next 3-4 days
For the social media, where #RelianceJio and #RelianceAGM were among the country's top trending stories, Jio's launch meant mainly only thing: that it is a sureshot gamechanger.
In an interview with CNBC-TV18, technical analyst Prakash Gaba said he would still maintain short positions on the Nifty till as long as it does not cross 8,700.
Sell July 8500 Call at Rs 60 for a target of Rs 30, with a stoploss at Rs 80, said Manoj Murlidharan, Head- Derivatives, Religare Securities.
In an interview to CNBC-TV18, Manoj Murlidharan of Religare Securities spoke with Sonia Shenoy & Latha Venkatesh. He shared his readings and outlook on Futures and Options (F&O) side of the market, specific stocks and sectors.
Under the latest draft amendment of Telecommunication Tariff Order, TRAI has proposed to cut down maximum charges that can be imposed on outgoing local calls during roaming to 65 paise per minute, from ceiling rate of Re 1 per minute.
RBI On Call/Put Options: Assured Returns? Yes!
Speaking to CNBC-TV18, Romal Shetty, ED and National Head, KPMG said that if norms are in place, it will ease entry of foreign flows in India. He believes global telecom companies are looking to enter India and there must be a safeguard to protect the Indian company‘s interest in the industry.
With several telecom companies being perceived as having overpaid for licenses, will it affect their financials and lead them to increase call rates?
The RBI has prescribed a new pricing regime applicable to foreign investor exits using Call & Put options. And while it‘s not our case that equity should get assured returns, a dual pricing regime is confusing and in some cases unfair.
The notification allows for shares and convertible debentures to have such optionality clauses- that is the most important piece of news and that is definitely good news.
F&O Cues: Nifty 6000 Put shed 13 lakh shares in Open Interest and Nifty 6100 Put shed 10 lakh shares in Open Interest on Tuesday.
Siddharth Bhamre of Angel Broking suggests investors to buy futures at dips and if they are long futures then they can continue to maintain long positions. Due to implied volatilities of around 17-16.5 percent last week, he recommends investors to buy Call options if they want to go long in market.
SEBI's recent notification will hopefully reassure investors and open the door to more funding for SMEs
First, the delivery volumes for IDFC yesterday were 46 lakh shares. That's nearly double of its recent average, so clearly, there was some portfolio buying that took place yesterday.
There is a saying: amateurs open the markets and professional close it. That clearly has been the case over last two days. On Monday, the markets opened gap down and closed at day‘s high.
The bulls are betting that the recent rally has captured most of the good news on QE tapering, and that even if the US Fed takes a dovish stance, the Nifty will find it tough to cross 6000 in this series.
Amit Gupta, Head- Derivatives -ICICI Direct told CNBC-TV18 that On the downside Nifty could test 5680 and 5800 on the higher side. He recommends short covering
Amit Gupta of ICICI Direct believes that if the Nifty closes the week below 5800 then market may have a problem for further three-four weeks as well.
The direction of the markets can surprise the most experienced of investors and if the direction is opposite to the derivatives position you hold one loses a whole lot of money, but if one did not invest and the market moved in favour then a great opportunity is lost. The answer to this puzzle lies in strategies like ratio spreads, ladders etc.
FDI Policy: Call & Put Confusion Persists!
According to Thukral, options pricing gets decided on two parameters: 1) intrinsic value and 2) time value.
VK Sharma of HDFC Securities sees rupee pulling down all the companies that have foreign exposure and that will take the market down further.
In an interview to CNBC-TV18, Karun Mutha, HSBC Invest Direct shared his outlook on the F&O market. According to him Nifty at 5,900 levels is a good area to accumulate for a small rally.
The way the individual stock rollovers are happening, it clearly suggests that it is more of a stock picking market. So, a slight consolidation may continue but I still hold a positive bias till Nifty is holds above 5950-6000 levels.