Mahindra & Mahindra was the biggest gainer from the Sensex packĮquity benchmark Sensex jumped over 465 points on Monday, tracking gains in index majors HDFC twins and Reliance Industries amid positive global market trends.The broader NSE Nifty gained 127.60 points or 0.73 per cent to end at 17,525.10.BSE gauge climbed 465.14 points or 0.80 per cent to finish at 58,853.07.
Protect your portfolios with 'Tail Risk' hedges by buying out of money Puts in the coming truncated week.
Above this, we can expect a move towards the 37200/37700 levels. Technically, Bank Nifty is consolidating above the 36000 mark where 36500 is an immediate hurdle.
Positional traders with high risk-taking ability can make use of the current weakness to create long positions, but stop-loss will continue to remain below 16,980 level, says Mazhar Mohammad of Chartviewindia. 04:49 PM IST Technical View | Nifty forms bearish candle 17,450 can be decisive level for strong upside.10:27 AM IST Will the merger of the HDFC twins make indices more volatile?Īccording to norms laid down by the market regulator SEBI, a single stock exposure is capped at 10 percent, but HDFC Bank post-merger will have a weight of around 14 percent.06:52 AM IST Deploy Call Butterfly strategy in Nifty: Shubham AgarwalĬonsidering the sideways mood, upcoming week can be approached with a low-risk strategy like Call Butterfly in Nifty.The strategy tries to gauge the short-term market trend and dynamically takes position in the nearest expiry ATM (At-the-money) options instrument Unlocking opportunities in Metal and MiningĠ2:34 PM IST Strategy Lab | Option selling Bollinger band strategy that beats index returns.Life Insurance Made Simple Pharma Industry Conclave.