While India's aggressive regulatory crackdown on options trading drives participants away and volumes down, US markets are witnessing explosive growth in ultra-short-duration 0DTE options, with retail traders now dominating a market segment that has grown 700% in five years.
NSE IFSC will introduce zero-day-to-expiry (0DTE) options contracts on the Nifty 50 index starting October 13, 2025.
NSE announced that Nifty weekly contracts, which currently expire on Thursdays, will now expire on Mondays.
The curbs on derivatives trading will cause structural shifts and lead to loss of incomes for various stakeholders such as brokers, traders and even the government
Setting the stage: Market expectations for the week ahead
Analysts said markets have factored in an aggressive rate hike from the Federal Reserve, but nevertheless may remain volatile ahead of monthly expiry.
The down move was supported by fresh short positions, but most of them are now out of the system as the open interest has declined by 23.88% on the expiry-to-expiry basis.
As a monthly event for all the underlying stocks as of now, ‘Expiry’ changes a lot of equations and is capable of a momentary upsetting a well-established order.
February series ends with losses of 6%; here’s how to make money in March series.
Market could remain volatile on March F&O expiry, but with positive bias. investors should stay long if Nifty50 holds 9,075 on closing basis.
Among stocks to watch today will be Wipro, Bharti Airtel, Ashok Leyland and Maruti. In key earnings, Maruti Suzuki will report its number on Wednesday. A CNBC-TV18 poll shows that the company may report a whopping 74 percent surge in its profit.
On F&O expiry, some pullback was seen in market on Wednesday, which seems to have tapered off. The upside for the market is expected to be in range of 7960 and 8050, Yogesh Mehta, associate VP of PCG Advisory Equities, Motilal Oswal Securities said.
HUL, Adani Ports, L&T, Bharti Airtel and HDFC bank are losers while Axis Bank, Lupin, Cipla, M&M and SBI are gainers in the Sensex.
Market experts see a slow start to 2017 with Union Budget being the next big trigger after third quarter earnings.
Equity benchmarks continued to see selling pressure, though they recovered a bit from day's lows. The NSE Nifty was still struggling below 8000 level ahead of expiry of November derivative contracts.
Japanese stocks rose to a near 11-month high on a weaker yen and after Wall Street shares closed at record highs overnight, while the dollar's bull run continued as upbeat economic data took US bond yields to multi-year highs.
India‘s largest private sector life insurer ICICI Prudential Life Insurance will list on the bourses today. Issue price is fixed at higher end of price band of rupees Rs 300-334 per share.
On Tuesday, the 30-share BSE Sensex was down 70.58 points at 28223.70. The 50-share NSE Nifty breached 8700 level intraday but managed to hold that level, down 16.65 points to end at fresh 2-week closing low of 8706.40.
Among global peers, Asian stocks slipped, taking their cue from an overnight drop on Wall Street, while the dollar marked time ahead of Friday's speech by Federal Reserve Chair Janet Yellen at the global central bankers' meeting.
India is likely to get rights to tax capital gains from Singapore from April next year but there is no clarity yet on grand-fathering. The government is also firm on GAAR rollout from next fiscal.
The Sensex is up 221.86 points or 0.8 percent at 26962.25, and the Nifty up 62.55 points or 0.8 percent at 8266.55. About 1318 shares have advanced, 310 shares declined, and 67 shares are unchanged. BHEL, Tata Motors, NTPC, Hero MotoCorp and HUL are top gainers. GAIL is down.
Among global markets, Asia stocks rose, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen retreated as global markets regained a semblance of calm after last week's Brexit shock.
Globally, US markets closed narrowly mixed in low volume trade while European markets ended higher after encouraging earnings helped lift sentiment.
After hitting a high of 8,320 a few days back, the market appears to have entered the consolidation zone, closing in the red for the third consecutive day today.
Lupin, Infosys, Maruti, Cipla and Bajaj Auto are top gainers while ONGC, Coal India, Tata Steel, L&T and Vedanta are major losers in the Sensex.