Top highlights of the day
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Market Walk
Morning Market Update October 17,2023
Nifty CMP :- 19,731.75 Nifty Put/Call Ratio (OI) is at 0.89 and IV is at 11.07 resulting in formation of bearish sentiment On weekly series on option front, weekly Maximum Call OI is at 20,000 then 19,800 strike while Maximum Put OI is at 19,700 then 19,500 Option data suggests a trading range in between 19000 to 20500 zones while…
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Market Walk
Morning Market Update October 16,2023
Nifty CMP :- 19,751.05 Nifty Put/Call Ratio (OI) is at 1.02 and IV is at 10.62 resulting in formation of bearish sentiment On weekly series on option front, weekly Maximum Call OI is at 20,000 then 19,800 strike while Maximum Put OI is at 19,700 then 19,500 Option data suggests a trading range in between 19000 to 20500 zones while…
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Market Walk
Weekly Wrap-up(OCT 09 – OCT 13, 2023)
📊The Indian stock market closed with gains despite a mix of factors, such as disappointing financial results from prominent IT companies, ongoing geopolitical tensions, slightly elevated US inflation figures, elevated crude oil prices, and sustained foreign institutional investor (FII) selling. However, a significant drop in domestic inflation, improved industrial production statistics, increased investments from domestic institutional investors (DIIs), and a…
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Market Walk
Banking earnings signal economic strength, while global tech troubles worsen
Banking Resilience, Tech Challenges, and Economic Complexities As we approach the upcoming earnings season in India, it’s an opportunity to gauge the resilience of Asia’s third-largest economy. Leading banks are set to report, and they should highlight positive credit growth from July to September, although they face margin pressure due to the central bank’s high interest rates and liquidity requirements.…
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Market Walk
Morning Market Update October 11,2023
Nifty CMP :- 19,689.85 Nifty Put/Call Ratio (OI) is at 1.28 and IV is at 11.27 resulting in sideways to positive markets On weekly series on option front, weekly Maximum Call OI is at 19,900 then 19,800 strike while Maximum Put OI is at 19,600 then 19,500 Option data suggests a trading range in between 19000 to 20500 zones while…
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Market Walk
Federal Bank to Discontinue Funding for Thermal Power Projects by 2030
Federal Bank’s Commitment to Decarbonization: Ending Thermal Power Project Funding by 2030 Federal Bank, known as the largest and oldest private sector lender in Kerala, has taken a significant step towards environmental sustainability. A Federal bank official has announced that the bank will cease all funding for thermal power projects by the year 2030. In an initial move to align…
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Market Walk
Morning Market Update October 10,2023
Nifty CMP :- 19,512.35 Nifty Put/Call Ratio (OI) is at 0.88 and IV is at 11.4 resulting in sideways to positive markets On weekly series on option front, weekly Maximum Call OI is at 19,800 then 19,600 strike while Maximum Put OI is at 19,500 then 19,400 Option data suggests a trading range in between 19000 to 20500 zones while…
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Commodities
Impact of Israel-Palestine Conflict on Markets: Stocks, Oil, and Gold
The Geopolitical Shockwave: Israel-Palestine Conflict’s Impact on Markets Over the past weekend, a sudden attack by Iran-backed Hamas, a Palestinian militant group, resulted in over 1,000 casualties in Israel. This unexpected development has rekindled geopolitical tensions and set in motion a chain of events that have had a significant impact on global financial markets. Let’s dive into the repercussions this…
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Investments
Calculation of Indexation in Mutual Funds and Eligible Schemes
Understanding Capital Gains Tax and Indexation Benefits Capital gains tax is incurred when you sell mutual fund units, and it is levied on the profit made from the sale. The rate of this tax depends on factors like the holding period and the type of fund. Indexation plays a role in determining the net tax liability on capital gains by…
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Market Walk
Morning Market Update September 28,2023
Nifty CMP :- 19,716.45 Nifty Put/Call Ratio (OI) is at 1 and IV is at 11.59 resulting in bullish sentiment On weekly series on option front, weekly Maximum Call OI is at 20,000 then 19,800 strike while Maximum Put OI is at 19,600 then 19,500 Option data suggests a trading range in between 19000 to 20500 zones while an immediate…
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