Mumbai: India’s two benchmark stock indices usually move in tandem. On Monday, they didn’t. While the NSE Nifty surged 1.6%, the BSE Sensex gained just 0.7%. It was a rare divergence, but not a glitch. The unusual trend followed the first day of the closi... See more
Foreign portfolio investors (FPIs) turned net buyers in India’s secondary cash market in July for the first time in five months, injecting ₹6,731.97 crore since the West Asia conflict broke out on 28 February. Combined with ₹35,099 crore in purchases by d... See more
Manipulating stock closing prices will become significantly harder under the Securities and Exchange Board of India’s (Sebi’s) new auction mechanism starting Monday, despite the impetus for the change being more robust price discovery, according to a form... See more
Market analysts expect the Nifty 50 to break its expiry jinx and close above the 24,000 mark in August after five straight monthly settlements below that level, helped by easing tensions in West Asia that could revive foreign investor inflows. The bellwet... See more
Choppy stocks, cloudy weather—how does one limit losses, protect capital and eke out some incremental gains in this market? Some fund managers have an answer: Covered call options. A section of mutual funds is turning to a low-risk call options strategy t... See more
